Equinox said:
^^^ I think the show handles continuity very well for being syndication-based. Its just not so blatantly obvious and required as it is in shows like DS9 or BSG. I'd try to show the eps in chronlogical order, but not necessarily in perfect 1,2,3,4... order. Many episodes should be skipped.
It's alright continuity wise in the first 3 seasons however many of the details in the stories contradict themselves that's why I recommend watching it in no particular order. The show does some excellent stand alones so if newbies are able to get into those without getting bogged down with too many details they should be alright.
For instance episodes like Counterpoint and Drone provide all you need to know to understand the story issues at hand. Counterpoint reminds you of the ship being stuck out in the DQ through Kashyk and in Drone we learn about Seven and the borg through One's questioning of the events.