I'd really like to feel good about this, but there's an awful lot of red flags.
Firstly, the showrunner. Rafe Judkins has a grand total of three producer credits to his name. One of them is a short film, another only lasted thirteen episodes. His experience is mostly as a screenwriter. Placing a project of this size and scope in relatively inexperienced hands seems like a huge gamble.
Secondly, the production companies. Sony has turned out some really good TV shows and movies. They've also produced some pretty bad ones. Amazon, from what I've seen, has a decent reputation for their productions, but they've also announced a Dark Tower series, and a Lord of the Rings prequel series. Those are both big projects, maybe not quite as big as Wheel of Time, but I have to question whether or not any of these productions will get the attention they deserve, as they try to juggle all three.
Thirdly, Hollywood has proven pretty conclusively in the past decade or so that it's teetering on the brink of creative bankruptcy. The tendency is to latch on to a high-profile title and milk it for every cent it's worth, quality be damned. I've already seen a lot of outlets referring to Wheel of Time as 'the next Game of Thrones', which is absolutely not what it should be. Nothing against Game of Thrones, but Wheel of Time is a completely different animal, and should be approached as such.
Another thing is that Hollywood just can't resist the urge to promote its political agenda. I don't know about any of you, but when I watch a movie or TV show, I watch it for entertainment value. Being preached at, no matter which end of the political spectrum it comes from, is boring and off-putting.
I'm going to keep following the news about the Wheel of Time series, and I'll hope for the best, but at the same time, I'm going to be preparing for the worst.