Sleepy Hollow as a TV drama?

I have found this out of total chance yesterday night, on imdb: they made a TV series freely based (very freely based) on The Legend of Sleepy Hollow by Washington Irving. It is called Sleepy Hollow. It premiered yesterday in America and it is already a huge success. I watched the trailers, and there are so many things that could go wrong with it, that I would normally consider wrong... and yet I was watching them wishing I could see the first episode then and there. It will air a few weeks later in the UK. I had enjoyed the Sleepy Hollow of Tim Burton as an homage to the old Hammer movies I love so much, but the TV series is going somewhere else entirely. It seems to borrow heavily, from what I could see in the trailer, from Terminator. One reason why I think Still, in the weeks leading to Halloween, this seems to be the ideal guilty pleasure. A question to my readers on the other side of the pond: anybody watched it? How is it? Worth an hour of one's evening?