Now, it'd be easy to blame this one on the wife, and say it was her idea, and while she certainly was interested, I must admit this was something I wanted to see as well. The original series was basically ideal for the 13 year old sci-fi geek boy, and I always liked it.
The new one did a really nice job updating the story and technology while maintaining the spirit of the original. Val Kilmer did a good job as K.I.T.T. although I missed Will Arnett who was the originally planned actor--and I think I heard his voice in one of the commercial break voiceovers. (And it would have been cool if William Daniels had done it, but we can't have it all.) And legitimacy was guaranteed with a cameo appearance by the Hoff himself as Michael Knight.
The strangest thing about the show is that it was a 2 hour long Ford ad. I think all the commercials were Ford, K.I.T.T. is a Shelby Cobra (Mustang), and most of the other cars were Fords, except for the bad guys' SUV which is clearly a GMC Suburban, made even more obvious by the removal of the grille emblem. The SUV is destroyed in an inertia-defying crash with K.I.T.T.
I guess there was talk of a series--it might actually be fun, although they might have a hard time keeping it up week after week. The movie, however, was amusing, mindless fun.