It's good in the sense that it's kept most of the CAMP. Stupidly contrived plots, guest villains a-plenty, HOT HOT HOT mum, Paul still moustache-twirling, shoehorned cameos from obscure past characters galore, the hot gays having naked food fights, etc.
But it's also NOT GOOD in the sense that they've not really changed or improved on anything from the Channel 5 days. It's difficult to imagine this bringing in any new viewers, and I wouldn't be surprised if Amazon can it after the initial 2-year deal.