Sort of still holding on to hope though not necessarily for the current models. As sad as it is, there's probably plenty of people by now who like the new models and changing them would rob them of their character. While I do want my hyur to get her original cuteness back, I also don't want to rob someone else of their character, not to even mention how everyone's preferences vary and what would be a good change to me would be bad for someone else.
What hope I do have is mostly for the possible future improvement of the character customization in form of either new face presets that would perhaps reflect the original models more and provide overall variety or if I really dare to hope then I would love some actual face sliders to allow us to customize the current faces we already have.
Currently I'm kinda holding on towards the 8.0, since there's no plans for new races anymore, I could see the reworked CC as a new selling point. If nothing is changed by then, I guess I'll just have to accept that my main is gone permanently and stick to my alts, which while I do like, cannot really replace my main.
But aside from not liking how certain characters changed after update, I do think that the update was a net positive. Looking at some old screenshots from prior to update, I didn't even remember how horrendous the characters would look in certain areas and lighting so there's that plus the environments definitely also got a glow up.
