I mean, it's healthy to be pessimistic about kickstarter projects as they don't really have a good track record.
And this is a porn studio that hasn't ever made a videogame. And with a budget that they've never had before. And now they are changing goalposts, going from "we'll release episodically" to "nah we gotta release this altogether" to "nah we will do it episodically".
This has all the red flags of shitty management and direction. If it comes out and it's good, that's great! Seriously. I'd love to play it.
But not being on a hype train is completely acceptable. Star Citizen, Cyberpunk, so on and so forth. Game development goes wrong very often. What's unhealthy is the mindset that the kickstarter supporters have, they spent money on the game and have some sort of sunk cost shit going, some cult-like stuff.