TO Reborn is...weird. It makes many improvements over the PSP version. But, at the same time, it still keeps a lot of its mechanical bloat, and also overcorrects in some particularly cruddy ways. I would say it's a good SRPG that was almost great, and the fact that it sabotages itself out of greatness frustrates me plenty.
At least we can mod a decent portion of it now, which means it could, theoretically, achieve greatness someday. When that will happen, though, is anyone's guess.
...I am hoping they will do a better job with the FFT remake, though I understand that there are certain core aspects of it that don't hold up today, and that, being a popular game, it's likely going to come under fire if it attempts any drastic changes. Square Enix could very well surprise us, however. We will see.