I think it is kind of interesting. It is a prime time series on a major network. I've seen vampire movies, vampire kid shows after school, but this seems different. I thought maybe it was a rip off of Vampire Diaries or Happy Town, yet it looks as though the town is like a breeding ground for human victims for the local werewolf and vampire families.
It is difficult to say were it is going, yet it isn't Vampire Diaries. That one is all Twilight teen stuff. I hope it doesn't turn into Happy Town, that may be one of my new favorite shows.
Here is the trailer
http://www.youtube.com/watch?v=Wk1mtM7GC3o
It is not based on the 1987 movie.