I agree that its the visual aesthetics I judge it on, things can look good without being technologically advanced and needing high powered hardware. Super Mario World's visuals aged better than Super Mario 64, so the style they choose is more important than how much money they spend.
To me ugly graphics aren't a good thing, and they'll bother me for a little bit, but if the game is fun I'll get used to it and it won't bother me at all. Like when I play N64 games again now, its jarring at first compared to what I've played recently, but when I get immersed in the game it looks fine. Or Minecraft for example, its intentionally blocky and basic but I got used to it and now I like the style.