Why, of course. This is even "worse" as I've just rewatched the first 4 episodes, and really, it is hard to compute the fact it is from 2005 (you would rather expect this series vintage to be around 2008-2010 instead).
And yeah, key moments of the LN would be a gigantic blast if they keep the same direction with a up to date budget/animation techniques.
Geez, this discussion reminded me why I keep this series in my top 5