Well since we're into the realm of subjective opinion at this point, here's my retort to that.
/image/
The dude I put on there for scale is probably even smaller than that.
It could be adjusted, sure, it's a matter of how much. It's relative to how far away your target is too. Sway means diddly at 20m, at 75 meters is starts to matter a little, at 125 meter matters a fair amount and at 175m it matters A LOT.
When people are judging it, I don't think they're really factoring in the different amount of distances it really applies to. Consider the image the limit of what I think is really reasonable.
lol.... indeed.... the sway back in RO1, even when you didn't run and were prone or crouched, was ridiculous and did feel a lot like your character was drunk as hell or had tourettes twitches.