I got a sneak peak at the first two episodes of this show at a friend's house (who worked on the show) and it's really great.
It's very different from the original 2 hour pilot from May that other people have mentioned. The characters are quirky and fun, and the world they set up is an interesting one that definitely balances mystery with the intrigue of small town politics, and leaves a lot of room to grow in future episodes.
Geoff Stults is great as Tommy, and all the other characters are compelling to watch, especially Sam Neil as Merritt Grieves, and the guy who plays Dan Farmer (Peter Outerbridge). Lauren German is lovely as Henley (the new girl in town), and Steven Weber and Frances Conroy are wonderfully menacing as the heads of the town-founding Haplin family.
Saying it's 'the next Twin Peaks' sets an impossibly high bar, but it really does look like a worthy successor and will be a lot of fun to watch.
I can't wait to see the rest of the episodes!