He doesn't look like an elite boxer because he's not a traditional boxer. You can't take Conor's style and make value out of it until he actually has fights, but you can see the potential is there.
A traditional boxer is not going to beat Floyd, because Floyd himself is not traditional. His whole style was developed to beat traditional boxers without flaw. Yet time after time, boxing dorks disregard guys like Floyd for their unorthodox styles and they prove them wrong.
They never learn, and while Conor and the people before him have proved enough, they are still not respected and never will be in a backwards sport.