Eh, the options are VERY limiting. You can either look like a dumb thug with long hair, a retard with no hair, a pedophile with emo hair, or an old man with a buzzcut. (Any mix of those, actually)
But I do love the ability to see your armors on you, and the ability to change your clothes.
However, I hate that I can't see my Amp or MG at all, not even on my back. I mean, just look at your hands! It looks like your character is holding an invisible object. Melee weapons should totally be held.