It's your basic teen drama. I didn't watch Sex and the city (except for some random episodes) and I've never read any books so I watch this as a whole new show. It's not the best there is, but it's not like I don't have the time for some don't-think-too-much tv.
The actors are ok, the story is ok. I was born late 80's so I have no idea how well the decade is represented. All in all ok.