It depends for me. I used to really like Nomura as a character designer. FF7, FF8, FF10, Parasite Eve, Musashi all have great character designs. But ever since The Bouncer and Kingdom Hearts, his design style has mostly changed and gotten worse and worse. I think that's because with those games, particularly Kingdom Hearts, he wasn't just a character designer but also the writer, producer, director;etc. So less time spent on making art = lower quality artwork.
That said, his Versus XIII designs seem more in line with his psx-era designs: Stylish characters but not annoyingly so. Most of the characters we've seen so far just wear simple suits. His XIII designs though...
