Yes, it looks like a hot piece of garbage but what were you expecting?

The new teen-version of the 80s soap comes from the minds behind 'Gossip Girl', 'Revenge' and 'The O.C.', as well 'Dynasty' creators Richard and Esther Shapiro, which should tell you everything you need to know.

Here's the official synopsis:

Fallon Carrington is charismatic, cunning, and poised to become the new COO of her father’s global energy empire – or so she thinks. When her father, Blake Carrington, summons Fallon and her brother, Steven, home in Atlanta, Fallon is horrified to learn that the reunion isn’t to announce her promotion – but rather to make the acquaintance of their stepmother-to-be, Cristal. Family dynasties flow through blood, and Fallon would sooner draw blood than call Cristal 'Mom'.

Making a drama about "the 1% of the 1%" doesn't seem like the smartest move in an age when people are literally protesting in the streets about said percentage, but as long as this stays trashy and OTT, it will probably have an audience.

If they're smart, they'll get Joan Collins on board yesterday.