His hair is still a bit poofy but no so drastically so anymore. It looks more like that trademark Drake-flip. His face and skin tone have been fixed also and they now resemble the official art on the Playstation All-Stars website. Altogether I really think they've managed to nail the feel (and now the look) of Nathan Drake.
http://www.twitch.tv/gamespot/b/334590747 pause around 1:08:31 and you'll see for yourself.