Okay, forgetting that Diana's superstrength would be able to pulp Lois' head like a ripe melon if even one punch connected, it's good to see Lois giving as good as she gets.
One complaint about the fight as far as we've seen it. Lois got that 'practical' haircut for a reason. It would be nice to see it actually come into play, and allow Lois a couple of good handfulls of Diana's mop as she uses Wonder Woman's hair as handy handles while bouncing Diana's face against her knee.
I see a problem coming with Superman's attempted rescue. Even though Lois was taken against her will and never came out and agreed to the challenge, her acceptance and taking part in the battle could be seen as a de facto consent to the situation and thus she is bound by the terms of the challenge. Superman won't be allowed to rescue her. If he tries, it will be seen as a breaking of the rules and Lois would be shot down by the archers.
Can you say human pin cushion?
Tank (who would have liked to see Lois' reactions as she was experiencing her grappler's haircut)