Looks good to me. Very stylin' set up, and that's what matters.

We need more pics!
The rear placement of the large saddlebag makes sense considering the protrusion of the Tubus rack. It would be a good idea though to figure out a way to strap it down. I'd worry about it sliding from side to side.
If you want to get a bit deluxe, the Nitto R50 Saddlebag grip will make either of your saddlebags quick release. Probably wouldn't be that hard to make a home brewed version.