This is a
term used quite often in the description of
films,
music, or any endeavour that was undertaken and backed more with
emotion, or the
desire to complete it, than anything else, especially
cash.
I like low budget. Sometimes it carries a
negative connotation, simply because people associate money with positive and no money with the
opposite. Other times "low budget" films turn out terribly due to the lack of money and are
scrutinized for that reason. It is possible to create
brilliant things with very little
financial substance to work with, remember this.
Money is definitely not everything, long live "low budget" product.