I can't say anything about the quality of the game as I haven't played it and know very little about it, but this was Bend Studios first attempt at a really big game in a very long time. They've mostly been doing PSP and Vita level side games/spinoffs , so it's good to see them do well with their first big console level game, if people enjoyed it.
Sounds likely that Sony will give them another go at a sequel, or something. And they'll probably learn from the mistakes they made with the first one. (Heard there were some bugs initially.)