I hope this album has better production

I don't know about that... It sounds alright to me. I came across a couple of albums where production was underdone or overdone (like "Be Here Now" from Oasis), but this is a different situation.

Velociraptor! is meant to be light (or soft whatever you prefer), so they avoided hard strings. Tom said they were trying to make an easy pop-album.
They even put a synthpop song on the album - "I Hear Voices", but did not include much more "rock" one - "Pistols at Dawn".

Of course, "Switchblade Smile" is actually a hard-rock song, and might better have been produced in the way you say. The same goes for Velociraptor (the song), but it would probably distort the harmony of the album. I do agree these two songs in particular sound better live, when they are played hard. But on the other hand some other songs sound better on CD, at least to me. For example, "Days Are Forgotten".

So i guess they had to make choices and went for a "light" option, in which case they produced the album exactly how it meant to be. And to be honest I am very pleased with the result.

It is also important how you listen to it - Kasabian are not exactly an iPod band. If you listen to it on mp3 or something then you might miss a lot, or hear it not like it was intended. But you probably knew that already...