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Reagan did not have the highest approval ratings in his time, but today is considered by the public and scholars alike to be one of the best.
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It depends on whether you are republican or democratic. Republicans like Reagan when democrats hate him.
You can't determine how history will judge something that isn't finished.
We don't know how the future will look like and how the war on terror plays out.
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He pushed through tax cuts for the upper tier of taxpayers, doubled the size of gov't, blocked stem cell research (several times). He's given funding to faith-based progams, tried to ban same-sex marriage.
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We don't know how people in the future will judge those decisions, because we don't know how their Zeitgeist looks like.