I loved the cutscenes in the Banjo games. They should make them skipable though (by holding a button till a circle runs full or something, but nothing brief that could get activated by accident). Also, I hope they will be created & played in the engine... Makes it so seamless. But I guess this will be the case anyway, since it's cheaper than doing far more extensive render movies.
They weren't lying when describing the team as N64-sized, since their resources kind of bring them in a position to be as efficient as they had to be with the good old cartridges