Lack of publisher oversight could be anything. I certainly wouldn't assume that it means it's not action oriented enough or good enough on consoles. It could be the opposite and they're concerned that it's going away from the sort of gameplay that people have proven they want. It could be any number of creative things, or it might not be a creative issue at all.
Or the publishers could be trying to do what would (in my opinion and the opinion of virtually everybody here) ruin the game. I certainly wouldn't rule this out.