The amount of developers who have gone tits up over the course of this gen has been pretty dramatic. Going with a full leap forward would undoubtedly take even more down. I really don't have any issues with a half-step, but I get why people would be disappointed with that. What I hope they can understand is it's simply an unsustainable process right now.
The death of mid-range gaming for the most part has been a terrible, terrible thing, but this is the way the industry wants it and, as far as I can tell, this is the only way they can keep going without dying completely.