I think the best comparison is the movie industry. Not every successful movie has to be a big budget blockbuster to succeed. In fact the movies that fit that description seem to be the most formulaic drivel that Hollywood pushes year in year out. It's also the same reason you see a bunch of sequels and remakes in both industries...because they're too afraid to take chances on new IPs.
With Kickstarter devs can take chances on new IPs without the risk of losing money (its already paid for). Their reputations of course will still be held accountable of course.
Some of the most artistic thought provoking movies have been made on low budgets. Donnie Darko, Shaun of the Dead, Napolean Dynamite, Moon, American Psycho all made under 10 million.
The producers can cry all they want but I think this type of game funding is here to stay. There is a niche for it.