Much as I get the aesthetics of what a classic bike should look like (seat pin, height of bars from top tube etc), whether it works for you is dependent on your body shape.
If you have short legs, (or are short), for a comfortable stand over, the showing of seat pin will be proportionally higher (to seat tube length) - given a fixed bottom bracket drop. If you have relatively short arms, you are likely to have higher bars / shorter reach for a given upper body position (e.g. 45 degree back).
Your ability to hold a more aero position for extended periods of time will depend on core strength and tolerance to pain, but making the bike 'look right' in isolation is a bit out of your control.
I'm not going to comment on the previous picture of the OP (!
), but my Cross Check looks much like the set up on this Mercian with high seat and bars, but I wouldn't like less standover. Latest build has a slightly sloping top tube and long head tube to avoid loads of spacers.
That said, I don't think rigid adherence to the (arbitrary?) KOPS standard helps, as (for me) it put me higher and more forwards than my previous more 'touring' position - so seat and bars go up. Am I faster, more comfortable or have fewer aches? No. Worse? No.
The OP's bike looks fantastic