Well, I actually enjoyed issue 1 a lot more than I thought I would. The art is more or less suck, but we already knew that. If you can get past the absurdity of a 'renegade clan' (which, by Machiko's description at the end, really sounds like the Bad Bloods we've been introduced to in the past) controlling the Aliens, its a pretty good read, and it felt a lot more satisfying than any of the individual issues of the previous Aliens or Predator series did.
I especially loved them throwing Ellis in there, although it makes me wonder what Jess and Lara are up to 10 years later. Also, Its been too long since I've read Hunter's Planet, but it was obviously some sort of game preserve she had set up there...
EDIT: Also, Chris Warner mentions the Hunter Edition of the upcoming AVP game on the letters page, and it turns out that the hardcover graphic novel is only the material previously released as Aliens vs. Predator # 0, not the entire original AVP story (which is certainly the impression I got). Its still cool, just not perhaps as