Better than they were in the PS3/360 days by far, but not near the highs of the SNES/PS1 days (my favorite period for the genre, or basically gaming in general...)
I don't mind the harem/weeb stuff all that much, though there are a lot of games it doesn't really need to get shoehorned into (I preferred Estelle and Joshua's story in Sky compared to Rean's harem adventures, for instance). My main issues with modern RPGs tend to be how much excessive padding and convoluted, unintuitive systems the games seem to pack on while the scope of the world seems limited. The 'slice of life' character interactions often times feel like filler to me (I know lots of people love this), and I prefer more simple, streamlined turn based (or action) systems to shit like Xenoblade X/2 where you have all these complicated layered subsystems with halfassed tutorials that you barely need to dive into to beat the game. It also is frustrating that a new RPG usually means you have to be committed for around 80+ hours of gametime, and even Ys (normally a very streamlined series) is gaining in length.
But the biggest problem I have with modern day RPGs is it doesn't feel like there are too many original IPs or settings or experimental gameplay anymore. Last gen, for as flawed as it was, had stuff like Resonance of Fate, Valkyria Chronicles, the original Nier... new IPs, new types of gameplay, unique settings. This gen my favorite games are the 8th game in a subseries of a subseries of one of the oldest RPGs ever, the 11th Dragon Quest, the 5th Persona... Was hoping for more along the lines of Octopath - a unique art style with intuitive systems and appeal to oldskool fans.
There are definitely positives this gen though, I think the games are probably more popular than ever in the west (Fire Emblem, Atelier, Persona, Nier have all achieved pretty damn good sales for instance, and the majority of RPGs sell better in the west than even Japan nowadays), and we are getting some amazing re-releases. I just got the Limited Run of the Grandia HD collection in the mail today actually; but we also got shit I NEVER thought we'd see stateside like Moon RPG Remix Adventure, Romancing SaGa 2 and 3... hell the whole SaGa series for as obscure and arcane as it is in the west, has had a huge push here.
I go back and play a lot of old RPGs, this past year I played Traysia (a technically garbage game but it hit me for some reason), BOF2 (didn't like this one much though), and Legend of Dragoon (awesome!), along with a host of older action RPGs/side scroller RPGs (Willow, Legacy of the Wizard, Neutopia, Ys IV Dawn of Ys replay)... LOD was a real nice surprise - flawed in some regards (slowness in battle, load times, poor translation) but it had a lot going for it, the music and the sense of scope in particular.