My impressions of the game is they were way behind schedule and had to figure out how to get the game released since they didn't have funding to delay the game further. It just feels like the holes in the story are due to cut content, I think there's no way this was the plan on how they were going to tell the story. That, and the cinematics were rushed as I imagine were some gameplay scenarios.
So, yes, that being said I would have been been happy with a delay for 6-12 months. A lot of cinematics and scripted gameplay moments would generally come closer to the end of development and up until then a lot of the foundational and systemic pieces were being put in place. However, I wasn't a big fan of the cartoony and humorous tone in this game, so that probably wouldn't have changed with the delay.
I enjoyed the game overall but it's tough to swallow because this was the big chance to re-invigorate the franchise. Basically, let everyone know what all the fuss was about with this series. A "second chance to make a first impression", if you will.