Sure you don't mind if the character textures were low res, but what if, say, there was some nice floral print where the guy's face should be! I don't think you'd be quite so happy.
It's like the modeler makes a nice complex model and hands it to the skinner, and then the skinner just picks like ten random generic patterns and schleps them onto the surface. I mean honestly can you look at that ship and believe it took more than 5 minutes to skin it?
Now to be true it doesn't look all that bad, but it definitely doesn't look realistic. The fact that it appears to be made of little more than some sheet metal welded together as a hollow frame doesn't convince me that it's a powerful space fighter. I'm just glad that only a few of the ships in the game share similar design faults....then again this is the PR build, perhaps they weren't finished skinning this ship yet.