Never make a comparison to House of the Dragon. One is Grim Dark fantasy the other is, (well is supposed to be) classic fantasy.
Also some people may enjoy the story, some people might like some of the characters. Not everyone is a die hard Tolkien fan or may have ever read Tolkien or seen the other movies. I just think its disingenuous to literally hate every aspect of this show like its the worst thing ever. I have seen some bad shows, Rings of Power isn't the worst thing ever. At worst its a horrible adaptation, but at best, I suppose for some people its a fine slice of fantasy.
Taking from myself personally the show isn't great. Its 'fine' I guess. The dialogue consistency, the story and some of the characters are pretty weak, but there are some things that keep me interested, otherwise i would have stopped watching long ago. Also I like this a little more than Wheel of Time and the Halo series. I think at least by the end of this season (unless they really shit the bed), I might want to watch season 2. I have no interest in watching Season 2 of Wheel of Time after how that show went.
Playing devils advocate for the most part here.