no, it was not shit. It was fun and had a great battle-system. I hated Cardgames, loathe Yu-Gi-Oh! (still do), but I liked it with BK.
it had great Graphics. weird locations. It was quite lenghty with having to reaquire every main-charakter, but beside that it was fun. The battle-system was huge and cards withering away or turning into some other... side-quests... I was at a bit of a loss, never liked to pick up essences of items instead of the items themselves, but it was great, looking forward to Origins.
Nintendo bought this developer only 84 %. The other brands (Xenosaga,...) may remain at Namco and maybe Monolith will start new brands. But it's good that Nintendo aquired some with the knowledge of making RPGs. That I repeat.
By the way: Nintendo took over publishing BK Origins. BK 1 was published by Namco themselves. So maybe their aquisition was foreordained (I love this word!)