That's exactly what I think of this game. I was very angry when I saw that it sold so well and that it completely destroyed the sales of XenoSaga Episode III which was a much better game that was out at almost the same time.
If we continue to buy their crap, I fear SE will only focus on crap sequels because they sell a lot even when they are not even trying with their games. Why invest a lot of money in a new FF when they can do a game in which they put little effort on it and it will sell like crazy by printing FFVII on it?