My prediction
The critics will praise it to the high heavens
Viewers will destroy it and call out the woke-ism
It'll start out strong out of curiosity, people will realize it's all woke bs and miscasting of characters ruins the series as it presents the question what happened to the darker skinned elves, hobbits, and dwarves between then and the third age
It'll be renewed for another season out of pity to make people think it was actually popular based on its merits alone and not a woke butchered mess
It'll barely limp through the second season before being cancelled
Critics/analysts will blame racism and the right for it failing