Barozi on 05 April 2012
I very much doubt that higher-res textures justify a higher budget. For multiplat games (with a PC version) there are already more detailed textures available.
Furthermore there are more advanced tools than before. CryEngine 3 allows for developing on 3 platforms at the same time. Unreal Engine 3 is dirt cheap to license ($1m) and I guess UE4 won't be much more.
