I was quite skeptical when I heard about the absurdly high budget, but after two episodes I'm pretty optimistic about this show. The simple concept of seeing the events that took place before the events of LoTR actually works really well. The CGI is tasteful and looks nice, instead of tacky and in-your-face (which was a real risk with this budget...). They also weren't afraid of using practical effects where appropriate and that really elevates the overall visuals.
Old characters are built to show the beginnings of the arc they arrive at when we see them in LoTR much later. New characters have realistic motives. Politics are sensible from all sides. What's too early to judge just after two episodes: will there be apt character development and a sensible story arc? I hope so.
I'm also pretty happy about the casting, especially Morfydd Clark who really shines as Galadriel. To people complaining about the diversity: this didn't even cross my mind when watching. If you have a problem with it, ask yourself why. Hint: It's a "you" problem and the word begins with a big fat R.
I have to admit I was kind of rooting for Amazon to fail at this just because I have so many problems with what Amazon is. But setting that aside, this is a very promising show and worth watching.
I Love this show, it's about the Agents of SHIELD not superheros.. I don't know how the average person judges acting. But I totally got into the story line and how it tied into the movies. I suppose thats why season two is starting earlier..