Again, I don't see this as having anything to do with consoles vs pc, or the orientation of the publisher toward either. It's a dollars and cents deal and for the record, those were Jerykk's words, not mine, though I do agree with him on just about everything he's said.
As I've said in the past, it has good points and bad points, like any game. I enjoy it nonetheless. The story isn't as epic, but it's interesting in it's own right and that to me is paramount in an RPG. The voice acting is spot on with interesting and varied characters. The graphics are much improved over the first with the HD pack.
It takes a step backward in a few departments, a step forward in others and a step to the side in others still. It's still a good, well polished and entertaining game even if it doesn't quite live up to it's predecessor.
I don't disagree that the developers may have chosen to cut corners at the behest of their publisher. I just disagree with your assertion that it has anything to do with the whole console vs pc debate.