Not quite.
Objective is: the visuals effects are garbage.
The budget thing is an excuse/justification for (and doesn't change in the least) the fact that VFX is OBJECTIVELY garbage.
I think most people will admit the effects are poor when compared to the first 4 films. How is it an excuse that all the major effects houses were booked? It's not Shatner's fault that they were all booked. It's not Shatner's fault that the studio would not push back the release date so they could get ILM. He picked a new effects house and was pleased with a test project he received from them. Like most of the flaws with this film, the effects are poor because the studio rushed the film. As for budget, I cannot tell you if ILM would have completed the effects for the same budget.
Agreed. Once you get the whole picture of what happened, you realize that what Shatner wanted and what he got were two wildly different animals. Everything from Paramount shortchanging the budget, to the writer's strike, to consultants never showing up, to none of the quality art effects houses being available. If this movie would have been made a year prior or a year later, it would have been an entirely different movie. That said, I still love this movie. Shatner's direction is solid, the photography was terrific, the idea was a good one, and this movie felt the most like TOS.