I'm digging up this old thread because I am just now getting around to seeing this show for the first time. I'd say I'm about 15 episodes in right now and thought I'd put up my thoughts so far...
I'll start off the with the positive aspects of the show and get to the negative later.
When I was a child, I wanted no part of this show because it wasn't like the Filmation version, but since I have grown up, I've decided that a change might not be a bad thing and am going into it with an open mind.
The show is pretty well-written. I like the continuity the show has and the plot behind it is intriguing. Some of Skeletor's dialogue had me laughing out loud at points. He's always been my favorite villain, so I'm glad he came along for the ride.
Of the new characters, I like Drissi, Flipshot, Hydron, and Slush Head. In fact, I pretty much like all of the villains, though I don't know all of their names just yet.
As for the negatives, I'm afraid there's a few. Skeletor's look with his cartoony eyes is terrible. Even after the change in Sword and Staff, I still can't stand to look at his wobbly eyes.
Another thing I don't care for is the voice acting. Skeletor's okay, but his evil laugh is just so annoying that I cringe when I know it's coming. The scientists talking are like hearing nails on a chalkboard. Prince Adam sounds extremely feminine...or something...and the Sorceress sounds masculine.
All in all, I like the series, but I don't love it like I did the Filmation shows. I'm going to keep watching, though.