I agree that a high budget isn't needed for a good game. Passion, interest, desire is required to make a good game. Passion comes from a development house who proposes and designs the game. Publishers however aren't big on receiving propositions from smaller studios, just their AAA teams. So if we don't hear this coming from big budget studio, it's because the publishers are paying a smaller studio to make the game. You can rest assured while they wan't to make Batman game. They may not want to make it now or within the design requirements of the publisher.
And the problem with only wanting to hear about those kinds of games is... well we see third parties losing money, so it's clear that isn't a good business attitude. It's like not wanting a film to have a DVD release because those are obviously grabs for more money.
A flashy-first game is awesome when it comes out. A great-first game is awesome forever.
Plus, just for the hell of it: Kelly Brook at the 2008 BAFTAs