I'm a fan of the original series.
The new series is very refreshing, and is respectful enough to pay tribute to the original series through the use of old data in the new series (names of charachters, the vipers, old cylon schematics, even the design of galactica & a few other ships).
Yeah it's shot in vancouver, hence the SFU setting. It has as much potential as other Sci-Fi shows. DS9 was nothing but the daily life onboard a space station, and that went on for 4 years.
Voyager was about a ship that was heading home, and that was able to complete several seasons as well. The story of Galactica has started with so many sub-plots that there is potential for many different episodes. I've already downloaded episode 11, so I'm very "into" this series already