I'd like to know where the $500k number came from before I lend it too much credence. That said, whether it's $500k or $100k, it's still
a lot of money for a game that could've benefited from resources in other areas.
If you consider that Yakuza went from strength to strength without an English dub, and that the dub brings so much negative attention to the series, it seems like now could be the time to cut it loose.
It's true, a small amount of people unironically enjoy the dub, and quite a lot of people enjoy it in a "so bad it's good" kinda way...but I'm not convinced that's a good thing for the franchise as a whole. I personally don't want Shenmue to be known for being "so bad it's good", I want it to actually be good.
Either do it better, which would require better writing/localisation and more dialogue responses -- costing even more money -- or chop it, is my opinion. I love Corey. He's a great dude and will forever be Ryo, but he deserves to be in a game with a good localisation.
One scary possibility is them cutting the Japanese VO in favour of English
We all know how fond Yu was of the English dub back in the day, with US Shenmue and everything. Hopefully reading...well, almost any of the western reviews will make him think twice before doing that.