The 2d does look better, but I kinda like the 3d art it's nostalgic of Persona 4 and 5 (prolly more 4 since I think 5's 3d is better) which seems to be an inspiration in part so it does well on that. To each their own.
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I'm kinda curious, this has a dating sim/persona feel to it, but it lacks something both have: Stats. I was wondering if social stats were in the works of being added because I think it would give the player other things they can do during the day than talk to girl or manage hotel then go to sleep. It would also just go really well with the fact they go to the university as it makes it so it shows you are going to your classes and you're benefiting from it. Stats could help your grow faster with certain girls too and maybe even some could help with hotel stuff.
I'm not at all affiliated with the developers. I'm like you just very interested in the game. If you go to their twitter or patreon I think was where I found it. They had posted an update saying that while it was planned to come out this month (obviously that didn't happen) they will have to delay to polish it up, but they said everything is basically done. So hopefully maybe late next month.
The character artwork is great and the background art even better. The player ui looks nice and polished. The opening cinematic looked great. Didn't get to see a lot of the combat or other game play mechanics to know completely what it'll be like when its complete. Overall the demo made me very excited to see what the full game will be like! I'll definitely follow future projects if this ends up good!