I haven't read this thread, but I've just watched Encounter at Farpoint. I absolutely love the live action sequences. And while I have an absolute respect for those who worked on it and an understanding that the HD-ening is designed to showcase their efforts, I have to say that a lot of the model work looks distractingly like model work. It's not convincing enough and takes me out of the moment occasionally.
Other than that minor quibble (and it is a pretty minor one for me) I'm utterly sold and will be purchasing the seasons as soon as they're available!
The models themselves look incredible. I can't believe the level of detail they had, which is all clearly visible now.
The problem IMO is that everything is just too damn static. This was their opportunity to get that damn ship to move a little bit more. But it seems we are not going to get that, just the same old boring static shots as the original.