We all realise a predicted release date isn't a blood oath, right? It's not a wedding vow?
It's a developer's BEST GUESS based on current development results and previous experience as to when their artistic and technical creation will be ready.
They could just say, "when it's done" or, "I'm working on it". Hello, George R.R. Martin.
And, since it's a creative work, that'd be life. We aren't actually owed a darn thing, since this is for a project we haven't paid for yet. You can be as worried or releived as you like with the minimum information we've been given, but you don't really have any moral high ground here. Or consumer high ground.
Lots of bad games have been delayed. Lots of good ones, too. So since both good and bad games have seen delays, this delay isn't much of a metric for either.
What it is, is a longer wait time until we get what we want. We can either wait patiently, talk about it civilly or get upset about it.
Either way, be aware that a thread like this is a trouble magnet, so if you were thinking about losing your temper or deploying some of your finer personal attacks, you might want to think again.