Originally Posted by
topflightpro
That looks fine.
There is no "Normal" for a bike set up. Fit is very specific to each individual. As others have said, if you have low flexibility, then you may need your bars above your saddle. Don't worry about what it looks like. Ride it and if you are uncomfortable, then make changes.
If you talk to a company like Rivendell, everyone is riding frames that are too small and has too much seatpost visible. They also think any bar drop at all makes zero sense for all non-racing cyclists. Then again, they like quill stems, platform pedals, bar-end shifters and friction shifting. There is indeed no "normal".