I'm not overly fond of the show, it just seems to be a more childish and dumbed down version of FiM, which I understand is sort of the intention, but as a show written primarily for children ever since its inception back in 2010, this seems redundant and unnecessary to me. I'm not hating on it just because it's different, and there are some things that I do enjoy about the series, some of the jokes are legitimately funny and it features the characters and voice-talent (for the most part) that we've grown so fond of over the years, but I just don't think that it compares to FiM as a show, for kids or otherwise.
With that being said, Gen 5 is on the horizon, as early as this year apparently. If that series gives me a viewing experience more akin to what I look for in this series, then I'm willing to brand this whole "Pony Life" experiment as a harmless diversion.