I've watched the first two episodes, and I went in with real low expectations. I'm very surprised that I'm actually right down the middle. Like it's not bad, but it is totally leaning toward terrible. Reviewers are saying the costumes look great but I personally think they are terrible, and the armor bits look like paper mache, plastic pieces.
I also really don't like the lead actress playing Galadriel. She's very quiet to the point I have to turn up the volume just to hear her and I think she's terrible overall. Tbh, I don't like any of the performances from anybody.
I do think they nailed the Dwarves, though, very little complaints about them.
The set design is gorgeous, like it is indeed the best looking show out there. The story really does feel condensed and I feel they could've done without a lot of the exposition. Overall, this show could've been way better and I think it makes House of the Dragon look almost Oscar worthy.