I'll give the first 5 episodes a B+.
I actually don't think it's "woke", maybe a little, but not really. The girls are still hot and the guys are even more jacked than in the 80s.
So what if Teela is the focus right now? We all loved her back in the day and it's great to know more about her today. What they did to He-Man and Skeletor right away was a shock and I'm sure it'll pay off later. What's up with King Randor? I don't remember him being such a dick.
The animation is great although it's a little jarring to see the rendered stuff like the vehicles in the same shot as the more traditional animation they use on the characters. Family Guy and Simpsons do this as well but it's not as in-your-face.
In terms of the story... what are you gonna do? Damned if you do, damned if you don't. It feels like people just want all of the old episodes re-mastered and call it a day. They're trying to keep the cheesy dialog while also taking the characters to new places.
My only real gripe, and this is happening everywhere these days, is that self-contained episodes aren't being done anymore. Every season/series has a common story thread and that's all they do. I miss the days when I could watch ONE episode of something (Star Trek, A-Team, etc) and it was all over. I think it started becoming popular when 24 was a thing. You absolutely can't just grab any episode and be fulfilled, it's the whole season or nothing. Now you have Stranger Things which will be the same plot for the entire series.
Now, you can't just pick something like "Episode 3.4" and say "I like that story and I'll watch it again." Sure, the old shows had things that went on the whole time, such as Data and his brother/origins, but every episode was it's own story.
Same with He-Man. Every episode is linking to the next one. No more "something happened over here so let's deal with that and then go home" type stuff. But it seems all these new shows are doing it this way and it really kills the re-watch desire.
Also, and I'm sure it has to do with rights and licensing and all that crap, but I really wish they would have kept the original Adam-to-He-Man transformation music and voices and introduction. I loved that little F I L M A T I O N jingle the start of every show. Sure, re-do the animation, but that was the most iconic thing about the original series.
Finally, I feel like too many people know that Adam/He-Man are the same. It's even worse with the new She-Ra. Everyone knows so there's no point in even switching between the two identities.
I love The Critical Drinker but he absolutely hates He-Man (and Kevin Smith):
https://www.youtube.com/watch?v=u6GUGatFBLo