The first two eps were watchable, but I must say, that having seen only 8 episodes of any other trek show out there, plus about 10 or so of Enterprise, I feel let down. I mean, with all the hype, I expected at least something half as good as Babylon 5 or... I dunno, the Practice in terms of drama. While ST:TNG sometimes lived up to that, the two eps I saw of Voyager made me avoid the series like a plague, and Ent is, while improving, still nowhere near the quality of good television (notice word Television, not SF), like 24 or Practice.
I'm not going to compare it with B5, which holds above any US production in TV OR cinema, aside from Lord of The Rings, 2001, Godfather and a few others.