I wouldn't go that far. Under the difficult global circumstances a delay is understandable, even inevitable. Elite is trying to do what it's taken Star Citizen hundreds of millions of pounds and 9 years to get wrong.I remember when the UK was the centre of the gaming world, but now it just seems like a laughing stock.
What's difficult is such a long delay between PC and console release. Being 're-prioritised' like that does feel like being kicked when you're down.