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Comment by greyskull
Usually smaller scale indie games are the ones doing it, big shot studios feel the need to go ham on graphics. Here's a handful I managed to scrape together from memory and quick searches, but it's easy to find more.
There _has_ been quite a few retro-style, pixelated graphics style games to come out of that sector for one reason or another, but ignoring that, the games tend to have a more stylized feel to them. Limited fidelity means the games need to more creative, but I think that tends to just come with works of passion from smaller studios.