Here's a section of Mark Pennington's original design for 1989's Gnawgahyde, featuring not muttonchops but instead a large handlebar mustache:
Without his hat, and with that 'stache, he almost looks like a new version of Dr. Mindbender, doesn't he? Especially with that strong cheekbone standing in for the edge of a monocle.
The cartoon certainly understood what it was supposed to be:
Too bad eh that today's toy didn't.
(via)