It's funny, you know. I've played and enjoyed plenty of budget games with simplistic, limited, and technically poor graphics so I don't really think I'm a graphics whore or anything. But this just looks so bad. It's not just the technical aspect but the fact that it's lacking any artistic sense. It's generic and uninspired...and then on top of that, implemented in the most technically poor way possible.
If this is anything like From the Abyss, then it'll be all that plus as bare-bones and featureless as possible.