Seems to me that everytime DC gets into a creative corner with Legion, their answer is "reboot" it. This is what, the third time in a decade?
I'm very skeptical on this at the moment. Despite Waid's and Kitson's intentions, I see the book quickly becoming just another nostalgia book for DC. They're heavy on the silver age stuff right now. (And ironically, Waid was one of the forebears of this movement, with his reneging on updating villains in Underworld Unleashed due to his nostalgia, and the Silver Age event, among other things.)
Overall, Legion frequently has many of the same problems that the 4th World characters/books have. Too many characters, poor costumes, too insular with no real connections to the DCU proper, etc. Seems to me it will have a lot of momentum early on due to curiosity, and maybe people will dig it and stay with it. But the old school fans will complain long and loud, and eventually whether under Waid and Kitson or someone else, things will start regressing again.
