I think suits are really more about personal style than there being a correct way to wear a suit. Some people like pleats others don't some people like a cuff at the bottom others don't.
There's kind of a style going on right now where people purposely get their suit arms and legs cut really short almost like floods. To some people it looks wierd, I personally actually like it, if your someone who likes wearing colorful fun socks or interesting shirts its a way to highlight and show those as well.
Recently I had a suit I've kind of grown out of I started wearing, my girlfriend says I look ridiculous but I have some sharp socks I wear underneath and I love the look.