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I think one of the reasons why EYE worked is because despite being very unsound, core controls and rules of the game are familiar to most people, so you can just move forward and experience it as is. Not sure if this would work in a passive medium.
But then again, tons of manga has very poor narration and shallow lore, and relies solely on art and EYE had a nice art style going on. Would be cool to see it as a comic drawn in negatives with yellow as the main color.