being the publisher of a bad game is much different than being the developer of a bad game. for example, interplay isn't anything but a suit organization while black isle/bioware actually produced NWN.
SSI, once a great RPG and wargame company was the developer of PoR2 (which i didn't buy, i heard enough about it from others). Alas, many of these companies have just sold their name and all the original programmers have left.
sid meier (of civilization fame) released stuff on microprose back when that company was cool, but then switched to (something that begins with f?) which is released under some other publishing company blah blah.
you've got to look into who exactly is involved, but the fact that the game is being made seems pretty cool at this stage