I hate Kennedy and that may be the whole point of it all. I mean, I dislike the character and his wrestling "style". 
To call him a young Ric Flair is SUCH a stretch, dude. *raises eyebrow like The Rock*
I'm thinking moreso along the lines of the old NWA Flair who could cut a promo that'd leave you intrigued from the start to the beggining. The cocky heel who you loved to hate. Kennedy has that downpacked as he's one of the best if not the best talkers in the Industry presently.
In terms of wrestling style? Of course he's no Flair. Flair barely even wrestled

. He just got beat up the whole match, got a few licks in, got beat up some more, and cheated to win. That pretty much sums up about 95% of his matches. Because his character was entertaining, though, it was entertaining to watch.