As a huuuuge R&C fan from PS2, I'll say that this is definitely Ratchet and Clank, although the series is permanently moving into less of a "teen" direction and more of a "Disney-ish, everything is happy!" style. This game was on the shorter side compared to, say, Ratchet and Clank reboot 2016, however the quality is AAA without a doubt. The visuals were stunning, and the story seems to be canon, a.k.a stay tuned for a sequel.
We might finally get some questions answered. 😉