The current generation has been subject to much debate and controversy regarding frame rates and resolution. Both current generation consoles although capable enough, have struggled to deliver 1080p and locked 60 frames per second.
It always feels very bad when games get cancelled. There are numerous reasons of it. Most often it causes lack of funding or a project that has gone off the rails. One feels very bad after watching the trailer and clips of an awesome game and all of sudden the trail just goes cold?