I really hope not.
Nothing has been shown to overcome those first impressions...
I like it more than many of the last games I played that were for featured IPs (Saint Seiya: Soldiers' Soul, One Piece: Burning Blood, and JoJo: Eyes of Heaven).
Those had better art styles and presentation, but I'm finding this more fun to actually play. Outside of the memes and this thread, reception appears understandably "mixed" rather than completely negative. It's a worse looking Xenoverse but featuring other characters people like. The online hub has been fairly busy today and the game's probably going to be fine regardless of reviews.
The excessive loading screens are my biggest complaint.