I'm also curious to start this, but I think I'll wait until this season of House of the Dragon ends (which I'm enjoying much more than expected). I have also yet to finish The Sandman and I don't think I have the capacity for 3 fantasy shows at once.Watched Rings of Power S1E1.
I have neither hated the idea of Amazon doing this series or had particularly high hopes - mostly it's been a bit of curiousity towards what they would do with it.
I liked the first episode a lot. For all the talk about this feeling like some generic fantasy series, the Tolkien feeling was immediately apparent. I was impressed by the atmosphere, the music and the dialogue in particular. All the characters introduced felt interesting and I'm looking forward to the rest of it.
Not liking Game of Thrones, I'm very happy there's an alternative. I'm in the camp who thinks Tolkien did most things better than GRRM.