Well, it's no Picard . . . but Amazon's Rings of Power is no masterpiece, either. It's high-school-level Tolkien fanfic (believe me, I'd know). The writers clearly have only the vaguest idea of what JRRT was trying to do; they seem to think they can replicate The Lord of the Rings by throwing in a bunch of pointy ears and adding special effects. It looks gorgeous, but it's hollow.
And it's predictable. I spotted the obligatory BIG TWIST in the finale right around episode 4. Don't believe me? Ask my friend Allen; he and I discussed it extensively.
The Lord of the Rings is one of the best-loved novels of all time. If you think you're a better fantasy writer than its author . . . well, you're probably wrong. The writers of The Rings of Power certainly are.
Here's another writer's longer take. I mostly agree with it, though with less passion and more meh.