what makes you think it is a big budget AAA game? because it has a character editor?Quality of graphics, animation and just the look of it overall look AAA quality. And what makes me actually think its a big budget AAA game is because the devs said so and shinobi reiterated on Era. I don't dismiss a game and its devs just because of one small graphical glitch from an early build.
Watch from 8:10 to 8:22 and you see all 3 characters feet are below the floor. doesn't really scream high effort to me...