They released it with basically none of the promised content, at this point, people report it feels like KSP 1 but worse, with visual mods, and KSP 1 with mods is said to be much better.
In my personal experience, KSP 1 was perfectly fine and didnt need a sequel, building ontop of the existing fanbase, engine, mods and knowledge would have been smart.
Porting KSP 1 to a newer unity version, the new rendering system, and really focusing in on the modding even more, providing more tools etc. would have been very smart.
Now KSP 2 has been in no-mans-sky promise land forever, people are refunding iz, its generally a clusterfuck.
For more info, check out the subreddit r/kerbalspaceprogram