I was smiling ear to ear for the whole first episode. It's been a rough year for me and it just felt nice to have something so pure and positive and enjoyable. It's a perfect recapitulation of the original show.
If I had to nitpick, I'd say a) Patton Oswalt and b) they packed a little too many jokes in, to the point where it didn't always feel like they were watching the movie and organically reacting to it, which was never a problem I noticed in the original. But still, enough of the jokes were so hilarious that I can hardly complain. And, let's face it, it's the terrible movie that's the star here, and Reptilicus is one I'd been meaning to watch for a while.