Graphically, it doesn't look that bad (from the screenshots, anyway). However, all of the zombies look like plastic green army men.
The funny thing is, with even the basic talent most of those developers have, they could easily take something like this project and turn it into something that would generate more interest, if these dudes weren't focused on making such bland stuff.
Like yeah, the whole "zombie apocalypse + tits" thing has been done before, but they could "Anime" it up, add building climbing and a skill system, and basically make it a sexy spiritual successor to Left4Dead. Except, if the titan catches you, it fucks your brains out. So, you still kind of win, in a way.