But let's be fair, traditional gaming was filled to the brim with equally low budget shit for years.
The people making shit games for traditional systems just moved on to mobile since it's even cheaper.
I think this is true. The worrisome part of this is that companies that make games that many of us want to see are also looking at mobile. Sometimes it's just an extension of what they're already doing, but it can also be a last gasp of sorts.
Konami is going to be a good example of this, as they're making their mobile push. It'll be easy to look back and say "geez, we didn't get those neat Castlevania games we wanted b/c they went mobile." The truth is though, we weren't going to get those Castlevania games anyways. Same thing happened with Cave. They have made a number of Android and iOS games over the past several years, and their arcade gaming division is dead. Blaming mobile is misplaced though, as it was going to happen anyways.