The verdict? Sure, it's yet another nice, slick utility that shows a lot of promise, but where's the content? The product's home page features a video of Jon Stewart from The Daily Show (one of my favorites), but the service currently offers zero Comedy Central videos (these are listed as "coming soon"). There's a fair amount of content that you're likely to find on a variety of other services, but nothing special to lure you in to the Adobe platform.
On the plus side, if you're a fan of The Twilight Zone, as I am, you'll find a great archive of the Rod Serling classics. Commercials are included, but hey, we didn't even have remote controls or color TV's (let alone DVRs) when these things originally aired!