I dont mind simplstic graphics at all. I like The Long Dark graphics and even World of Worldcraft look nice. Problem for me is the total lack of textures in Ylands. Makes everything look sterile and boring. I honestly dont think the game will benefit from the lack of textures. Most ppl dont like this kind of graphics, if that was the case we would have more game like this. Fact is, most games, eventhough they have simplistic graphics, use textures. And the result for Ylands is just less ppl playing it. So eventhough many of u like the graphics, I think the overly simple graphics will only be detrimental to the game.
Look at other voxel/building games out there, 7DaystoDie, ECO, Stellar overload etc...they are all moving away from the overly simple Minecraft graphics.