I don't think they feel embarrassed, they had a lot on their plate in creating a brand new studio while creating a game with an established, rabid fan base. While they have admitted to dropping the ball on some aspects, they have a ton to be proud of as well. They have to become the best cover band in the world and while they don't sing every song perfectly, they still put on a decent show. They still need to come into their own as a band, but they are a newly formed band and will find their groove soon enough (I hope).
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That's a pretty decent analogy. Kudos to you sir.