Why not just release it at a rock solid 30FPS @ 480p?
Now before you all dismiss me as a crazy person if you think back to the Wii era 480p was clean, flicker free
and smooth while still looking ok on high definition TV's.
Hey I know that it's not ideal but if it's a choice between that, a 23FPS version or no version at all it's a no brainer.
A 480p resolution would allow them to keep all of the effects in place and for the game to move along just fine.