I really like the look of it. The piece has a sort of fin-de-siecle feel like you find in the later Pre-Raphaelites or Arthur Rackham (note that John Waterhouse often left the edges of his compositions "unfinished" as a nod impressionist/post-impressionist idea that art should draw attention to itself as art). The conception's actually quite arresting and the actual character seems to be a sort of Gandalf-meets-Brian-Froud's-mystics; a combination that's always welcome in my imagination. It makes me want to know more about this version of Saint Nicholas and the world that he inhabits.
I love you James. Merry Christmas!