Its really good. I don't know why people say its racist. It doesn't have many characters to begin with, fewer than 'that 70s show,' not to mention it is aimed at a certain demographic. (Everything is racist; this show certainly no more than usual.) That being said; whereas 'That 70s show' was a complete farce of the times, 'that 80s show' is a more poignant and realistic look at a decade which 'cowers in Abasement,' while the people try to hold on, with both charming (if slightly one-directional) and well-played characters. Be your own judge.
The show's issues lie perhaps in the fact that it handles its characters and subject matter very objectively and without any sneering cynicism. Even the failures, faults, and excesses of the decade are viewed in a reflective, and almost charming, light. The characters themselves are both charming AND believable. No overblown parodies like those of 'That 70s Show:' this is a very uncynical look at life, good and bad. And it happens to take place during the 80s.
Thus we have Roger (Shin) who is both the worst (a car salesman that will rip off elderly couples for his own success) and the best (inventing dance moves, affecting the mores and morales of the time; helping to bring 'bro' into pop culture) of the more 'materialistic' aspects of the decade.
He later falls in love with a bank teller who also proves to be more than she appears when she saves his life after they go drinking and swimming at the beach and he almost drowns.
And the authenticity of the beautiful relationship between Corey (Howerton) and Tuesday (Leigh) is enrapturing. I don't think people could understand a show like this at the time. It is just so real in so many ways. Margaret (Margaret)-- and her visit from the redhead in purple. Sophia (Daniels), and the way she strides into a job at RT's personally owned and operated building. RT (Pierson) himself, even, proves to be be multi- dimensional.