"Pay no attention to the man behind the curtain". If all you can show is 20 year old looking graphics that only somewhat match the scene they are in (while moving at a glacial pace), I am going to bet that the "experience" is way over hyped as well.

That didn't stop them from making fraudulent concept video demos that they falsely claimed to be actual existing games that they were already playing around the office, and that they promised much much more than they could actually deliver.

So if you can't reproduce the experience on a 2D screen, then fake it and lie, you're saying? That IS the whole point.