I actually like this. What I disliked about Tom Ford since his return was how try-hard his comeback seemed. It's like he felt the need to go 'all out there' with overtly sexy clothes which, let's be honest looked overworked and cheap, and this is restrained and very well designed. I agree not everything works, but most of it is wearable clothes which will look fabulous once they hit stores, especially the outerwear.
On another note, can I just say how impressed I am by his front row? Tom Ford proved that only award shows and Tom Ford can gather all of Hollywood in one place, so kudos to him.