The problem is plain and simple that the game is a piece of shit. Not fun to play in the slightest, clunky, bad graphics, low budget, full price, TERRIBLE focus tested designs, terrible level design and just completely unappealing. This game deserved to bomb as it serves as the perfect example of what happens when you outsource a Japanese IP to a Western developer who doesn't understand it and then you give them no money.
I mean seriously this was bad, brought it back after an hour and a half and I can normally find redeeming qualities in most games. Just such a terrible, terrible game. I'm not surprised the boses in Japan had no faith in it. I mean my GOD it was bad.
I mean they had the opportunity to make something great and revive a classic IP, but instead both Capcom and GRIN fucked it straight to hell. I doubt another Bionic Commando will ever be made by anyone ever again now. Game was just not fun or fluid, actually felt like work to play and was not rewarding in the slightest.
EDIT: Should say the only redeeming quality was the music, it was pretty good. Other than that though, yuck!