Funny, I don't know if these are supposed to be a prequel or another take on Jackson's LOTR, but if they are a prequel, I find the quite the opposite, it doesn't look like the same aesthetic at all to me. I've only seen the first episode, I hear the dwarves are better, but the elves ? Nothing is right, the hair are way too modern, tunics do not feel the same, armors and swords even less. Might be in the past, but I don't see how those big claymores they have become the elegant slimmed and curved blades seen in Jackson's LOTR. It's worse with the armours... To me it actually looks they actively went away from the trilogy aesthetics.
So it it stands on its own, I'll keep an open mind, if it doesn't, not a good start.