As I've said before, I'm among the few who preferred the Lochley story. The look at Catholicism in a spacefaring future was a very JMS theme, and I found the demon-possessed guy to be wonderfully creepy. And the ending was genuinely surprising.
The Sheridan story, meanwhile, was just completely predictable, although I did very much enjoy seeing the characters of Sheridan and, especially, Galen, again.
Overall, though, despite the good intentions, the budget was just so low that the whole thing had a sort of pathetic, desperate feel to it. I'm glad JMS put a fork in the "Lost Tales" once he realized that Warner would never throw any real money at it.