Well I've watched a number of videos showing off the character creation system and have mixed feelings on it. It is definitely a vast improvement over FFXI's system, but it still pales in comparison to other games, such as Dragon Age: Origins. To me, if you are going to go to all the effort to tout it being HD and awesome graphics, you shouldn't half-ass the character creation system.

For example, hair styles. You can now select 32 different colors for your hair and a number of highlight colors. But, the hair style choices is paltry. The Lallafell shown in the beta had only four hairstyles. So you'll still see tons of people with the same exact hairstyle.

There are plenty of examples of such situations. I can't complain about it. I like it much better than the old system, but it also leaves the door open for modding (for PC anyway).