I don't think your premise ("much to offer") holds up under examination, but it is no secret that commercial off-B has been a tough road to hoe for (what?) the last 2 decades. The issue is not the budget per se but finding an audience through this trajectory. Like Broadway, the chance of succeeding is low, but the difference is that it is even harder to build an audience. I would say the one with the best provenance was BBH and yet when you read the Times review, what does it say that would inspire confidence. Each of these had its own issues.