It's an interesting movement for the creature to get up from the (alleged) crouch and start walking away with the strange gait and the (maybe) exaggerated arm swing.
It could be that such an arm swing has a pendulum-like nature. A semi-relaxed arm plus a bit of a plodding gait with wide shoulders and you get an arm swing with a natural periodicity of motion.
FYI, here's an interesting site linked elsewhere here, in the forums, but worth repeating, showing male-to-female human locomotion using motion capture:
http://biomotionlab.ca/Demos/BMLgender.htmlBut to digress for a second...if -you- were the "director" of the PG-film (assuming for a moment it's a mime-in-a-suit), how would you direct the action? Obviously there are a lot of constraints. You can't ask (or get) anything a human couldn't do, such as a large jump, a very speedy run, or a reversion to all-fours loping (to depict escape, say). But, if you consider, what is the benefit of a real creature having arms longer than legs? It would be that, in a pinch, they could revert to all fours loping. (knuckle running, like great apes?). Some of the Hollywood productions tried to get their mimes to reproduce their apes perambulating on all fours, iirc, but it's very difficult to pull off for a human, with their relatively short arms.
What the creature does, fully out in the open, (again, assuming a mime) is quite genius. By not having anything more than walking away, it really limits the cues. However, as I suggested before, it seems to require a much more robust 'suit' to allow a convincing look back in the open.
Anyway, yes it does seem like a lot of arm swing, but it doesn't seem to reach the point of looking unnatural, imo. It seems to most enable a strong forward stride. With the arms swing it urges to the torso to a slight forward lean, allowing driving forward. With no arm swing, the torso may start to lean back, slowing forward striving.
Could it be that an arm swing allows a longer stride length?