Recently we started using 'hi-bit' when describing Owlboy's art-direction. Much of the reason is because we saw previewers were stuggeling to define Owlboy's graphics.
"It reminds me of an SNES game, but with better graphics" - is something we kept hearing.
Read more on what we believe is a new era for pixel art games.
http://dpadstudio.com/Blog/postHibit.html