Not generally, if the art design is well implemented and managed, it can be almost anything and it'll still be a very enjoyable experience. Well, I don't like the general design of JRPG's, but I don't really like their gameplay either, so it's nothing "personal" against their design.
Note that I said "almost"... What's that recent title where you appear to be playing as an Elven stripper? Yeah... I was put off from ever considering it when I saw an add in the papers, featuring her (and her ample bussom) in very little, flanked on both sides by manly men decked out in full plate armour.
That really told me all I need to know. No, I don't mind revealing armour/gear design. I really don't. But it should be evenly spread out, I just find it relentlessly irritating when the lassies in bikini fare just as well in mêlée combat as the lads dressed in dustbins.
I just can't shake the obvious feeling that the game was intended only to just show off her assets, while everyone without double chromosomes were covered up in plate lest I recoil in horror from seeing an almost nude man and catching teh gay. It just feels like such a stereotypical enterprise, like if it was designed by teenagers in a locker-room somewhere.