Nope. In actuality, the creator, Masaki Kajishima, has even more control over it than he did before. He's overseeing most aspects of the project, and the character deesigns are actually closer to his own than before, as well.
Look here:
http://fot.dyndns.org/pics/ova3dvd/ - for scans I made of the first DVD's cover/insert. The art on the front is done by Kajishima himself. Very nice, if you ask me