It will be OK if you put a period (full stop) at the end. It means: That's better.
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AlpheccaStarsIt means: That's better.Doesn't That's more like it mean that it is something bigger/higher in quantity/emotions/etc.?
AnonymousDoesn't That's more like it mean that it is something bigger/higher in quantity/emotions/etc.?No. It means 'That is more like what I wanted to see/have' which means roughly, as AS suggested, "That's better'.