My thoughts:
Pros:
- The opening title screen and first character creator backgrounds are MUCH better looking than the lame white "blank canvas" look that a lot of the recent FF titles have been going with lately. Doesn't have anything to do with character creation itself, though...
- The FF prelude background music is BEAUTIFUL. Props to whoever made it! Again though, nothing to do with character creation...
- Ability to toggle on/off clothes and see emotes
- Tail length for Miqotes
- More voices
- Tattoo options
Cons:
- The max bust size is still WAAAAAY too small. Being serious here.
- I would've liked to see more RGB/saturation sliders instead of swatches for all the color options.
- No "build" option for females. Also, all the existing build options for males looked muscular; no options to make "fat" or "heavy" characters.
- Not enough face or hairstyle options, including facial hair for males
- Can't adjust tattoo positions or size
- Too many preset options for various settings, not enough sliders to precisely adjust things
Overall, it's a start, but I don't see much improvement yet over what we originally had.

In my opinion, Yoshi-P and his team need to take a few pointers from
PSO2's character customization.