It's technically more an epilogue to both Enterprise and the 4 Berman Trek series. The conflict in it is an extremely shallow vehicle, or even just a backdrop to show the founding of the Federation and for the producers to say goodbye after a 20 year run.
I mean, such a tribute to that whole era could have worked - IF they really had the means to honor ALL the era! Like Picard appearing, Janeway, someone from DS9, and in an original story (like the cast of the TNG era series coming together finding an artefact of the NX-01, and recreating their final journey or something).
But, having only Riker and Troi, and a lazy Data-voice cameo - and shoving all of it in as a side-plot for a regular mid-season TNG episode really was a slap to everyone involved. "What, your series ended? Too bad, you're not as important as this one(!) character moment from one(!) episode twenty years ago."