Notes from phone call with Paul Gardner/Osbourne Clark:
Project needs web of contractual advice
MS or Sony could veto project on film industry grounds as per concern but units tend to operate so autonomously that this is unlikely. However, anything put out on console requires approval so may be an issue if product does not clearly fit their market.
Project is a 10th the size of average console game (2 million). "No more than 1% on legal" is normal.
OC can help on project for less than 20K via
a) "softer deal"
b) "slightly-out-of the picture", no so much running around work - e.g. checklists, document review