And I'm pretty sure he's still lifting/training on a regular basis as he states its what he loves to do and If he plans on competing at this years Olympia I'm sure he's hitting the gym decently hard.
That being said he looks ok, I think most ppl are just use to seeing Ronnie looking freaky in the off-season. He's doesn't compare to the Ronnie of old but then again what do you expect from a semi-retired bodybuilder. We will see when he diets down if his nerve issues with his lat etc are fixed. Personally I think he should stay off the pro stage and leave his legacy intact, the way he went out was great. He will tarnish that IMO by trying a comeback. Be another Tyson, Jordan were people remember him for his shitty comeback years instead of his dominant years.