Yeah, that's what I think as well. I don't if some of the footage shown is final in terms of the design of things.
Maybe that, or maybe we'll get to play with his old outfit for a while, during the beginning? I don't know, I haven't play DDD, so maybe there's no reason why he would use his older outfit lol.
Anyways, it looks really beautiful. UE4 is such a big jump compared to 3 (you could make original looking games there with talent and effort, but it was mostly samey games). I hope, however, that the visuals improve a little in certain aspects, but I wouldn't complain at all if this is what we got.
Gameplay looks really fun. As someone who grew up with the first one (the game that marked my childhood along with, especially, FF IX) and loved the second one, but didn't actually play many spin-offs (nor liked them), I'm quite excited to see how everything fares: both the returning elements and the new ones (as well as those I haven't experienced yet. Hopefully they make a remaster of every game for PS4 right before III's launch).
And the new outfit is cool, I guess, although I actually prefer II's by a large margin. I remember the first time I saw art of Sora's black robes in a magazine, I loved them so much.
Excited about this, hopefully they actually give us more info in less time. I expect something at TGS, I guess, as well as in November. Seems like the project is going well and I trust Osaka Team, so maybe the game will actually release soon (as in, 2017 or so!).