I think he looks creepier now than he has in a very long time. Michael has always been homeless, but not he at least looks it. Michael is the opposite of everyone else on Halloween. People are their true selves all year round, being who they really are, while Michael has to hide behind a mask of humanity. Then, on one night, when everyone else is pretending to be ghosts and goblins, Michael can be his true self. Just as a child may crudely glue some hair to his hands and face and say he's a werewolf, Michael's attempts at appearing human" are equally crude. I love this deeper Michael. The new elements of him do not detract from his mystery, but only raise more questions, really, so I don't see how they're detracting from the mystique of Michael Myers.
Oh, and as for the "Gangsta Michael" crap, make up your fucking minds. Is he white trash, or a wannabe gangsta? Seriously, hoods, or even hoodies for that matter, don't make a person gangsta no more than long hair and a beard makes someone white trash. Some guy named Jesus wore both, and that fucker still hasn't shut up, and he's been dead for 2000 years, but no one's going to say he looks gangsta or white trash are they? I rest my fucking case.