I am quite disappointed with this. It's quite flat, dull, uninspiring. Reminds me most of the AW 2002 collection, which I really didn't like. Not a fan of the shiny fabric - prefer it much more when they use texture and colour in a more intertesting way. The biker jackets are horrid. The most interesting look is the jacket and shorts, but even that is a bit, well, just not great.
Would like to see more, but not so good for the moment. Note however that the question of the reaction of people to Versace sending out this stuff is hypothetical. Versace would never, could never, send this out. The worst comme collection in the world would be immesurably better than the "best" Versace. A pejorative but entirely worthless comparison.