It's not the look or budget of the game that neccessarily worries me, it's the fact that it's been nearly 3 years since the Kickstarter and all we have to show for it - besides the 'teaser' and a couple of goofy videos ("oh look, here's Ryo opening a cupboard and here's a fairly bad model of an old lady and we're changing her facial expressions. Big whoop") - is a few 'art' shots (because they aren't real screenshots from gameplay). It's getting old now.
The game is supposed to come out this year. Either come clean and admit the game is way off from being ready to be released or show off some actual gameplay in motion.
I'd even settle for some screenshots if they were actually showing off actual gameplay instead of just glorified game art, e.g...
http://lightningamer.com/wp-content/uploads/2015/07/Shenmue-combat.jpg
https://i.imgur.com/KsXTA.jpg