Well the first review is in, and it's not awful. But it's also just OK. I expect It will get crucified by a lot of reviewers.

https://film.list.co.uk/article/80228-ratchet-and-clank/

Energetic, video game-inspired animation that just about does the job

Still, it strikes a neat balance between remaining faithful to its video game origins whilst finding its niche amidst comparable filmic fare (Guardians of the Galaxy, Big Hero 6, Despicable Me); in fact, it’s so in keeping with the cinematic climate that it seems more derivative than it is. And it fails to cultivate much pathos due to a slightly under-established dynamic between its leads and Ratchet’s thin back-story. The lack of scope for emotional engagement and unoriginal feel means it'll likely be a distant memory by bedtime but, in the moment at least, this reasonably well-oiled enterprise has just enough spark.

PlayStation favourites transfer to the big screen with plenty of energy, if not much in the way of emotional engagement or originality.

As I expected actually. I don't expect it to do that well in terms of box office but I reckon it will at least give the game a second wind.

Actually sounds a little better then I expected, video game movies never seen to be any good, seems this is at least enjoyable to it's target demographic.

That is a bit low I would think. Animation films are huge gamble money wise. 

(Not as much as an Action flick)

According to Wikipedia, the film has cost half a million dollars.

Look at it again, do not think cost is what is beside the half a million. 

A lot of the movies' scenes doubled down as cutscenes in the game though, so this movies' budget is certainly not on the level of many of the big budget animation film.

I would still imagine it not being below 50 million budget, the lowest animation budget I think I seen on big screen movie is like 30 million, but those are not really on the same level as this movie and the higher on the list. I would be very surprised if the budget of this film is not 60-80 million when it comes out. 

But what I'm saying is that you have to consider some of that budget was shared between the movie and the video game. Those cutscenes would've been made for the game, even if the movie wasn't made (but maybe not quite at this quality). The story etc. would also have been written for the game either way, so some costs would've been incurred either way, thus this movie will have a lower budget than what is normal. They also borrowed models and assets from Insomniac, further reducing costs.

Also no way it had a 80 million budget. The last full theatrical release Rainmaker Entertainment (the company behind this) made (Escape from Planet Earth) seems like it had a similar budget to this, and that had a budget of 40 million $. No way this is far above that, if at all.

I'll be really impressed at this project having a budget of 40 million or lower, because unlike Escape from Planet Earth, I think they tried some what. Given I understand the collaboration side of it as well, but I still imagine the movie will carry most of the budget between the game and movie on Paper.  

Given maybe I am treating this as Sony Animation Picture and not Rainmaker.