I just watched the first two episodes (The Sword, Parts 1 and 2) and have to say that this show is a lot of fun, striking the perfect balance between action and humor and feeling just familiar enough to OG She-Ra fans without being a complete copy of what came before.
Adora and Catra having a friendship and camaraderie before Adora becomes She-Ra and turns her back on the Horde is also a nice new touch that should make for some interesting narrative conflict throughout the series; it also provides an interesting contrast to the new friendships that Adora ends up forming, through necessity, with Bow and Princess Glimmer.
I'd say it was ironic that the best cartoon series of the past decade are both Dreamworks reboots of properties from the "Golden Age of cartoons" that was the 1980s, but it's honestly not all that surprising.