Tokyo Mirage was excellent on Wii U. The Switch version is slightly inferior because of the poor implementation of the Gamepad feature as a pretty small window in the middle of the screen. And the new content is totally pointless.
That being said, Tokyo Mirage is highly recommended as it is a true J-RPG without the ton of the social shit you get in Persona. It is straight-forward. You get good dungeons with old school mechanics. Battles are fine, they work, animations are fun. Each character has some side-stories. Not all are interesting, but at least it feels focused and you unlock special attacks.
You have to upgrade weapons. What could have been an interesting feature becomes a brain-dead feature, as you are simply going to upgrade all weapon one after another : their is no sense of making decision. You simply go through the menu for every character and unlock everything. But this is how J-RPGs have evolved anyway.
Story is stupid at best, and numerous scenes are ridiculous. This is basically a group of teenagers trying to save their city. But even though the story is kind of irrelevant, you will still enjoy it because the various situations are comical and the some characters are bit dumb. To summarize : it is lighthearted. Which is a nice change of pace compared to games where you know way too soon that you are supposed to save the entire universe.
If you like a good old-school J-RPG that doesn't take itself seriously, then yes, play Tokyo Mirage.
I don't care much for censorship, but I have to admit that the censorship in this game reached unseen levels of stupidity. They have censored a lot of things, but other instances of large cleavage are still there. The second (I think) dungeon is about being ashamed of revealing ones body (in a swimsuit for exemple) and in the Western game (and also Japanase on Switch), the characters are fully dressed instead, which makes all discussion totally inconsistent. And it becomes actually funny because of how dumb it is. Still, don't pick this a reason to skip the game. It was a much more enjoyable and shorter experience than Persona 4 or 5. I have already completed this game twice and loved both playthrough while I am struggling with Persona 5 because of how bloated, first degree and uninteresting it is.