RJDiogenes, that's exactly my problem with this premise as well. There's such a wellspring of ideas and concepts introduced in this show's long history, even going so far back as Samuel Colt, that I don't get why instead of tapping into it, they go once again into the well worn pastiche of CW's other dramas. Not only that, but it's a premise that basically shatters several layers of continuity (hunters not knowing about this, shifters shifting all clean-like, etc.) with its parent series.
Could it develop into something more compelling with time and a lot of tweaking? Possibly, but it's just too trite for me. The Originals, Being Human, Dresden Files, Grimm, Angel, Lost Girl and on and on. It may be a new series, but there's nothing really new about it. Adding hunters to the mix doesn't really change that.