It was only a matter of time. As far as I'm concerned, the reboot ended at the S2 finale with Cliff finally going to jail for good, Elena fucking right off to Mexico and all the major storylines (mostly) resolved.
I tried watching through part of S3, but the show had serious issues that cropped up:
1) Stunt casting (the girl from 90210 who plays the new deckhand). Weak acting, lame plotlines (just shoehorned in to create artificial drama at the farm) and no real point other than to give Christopher someone to romance.
2) Stupid twists. Pamela's "I should be mad at John Ross for cheating on me with his stepmother's daughter, but I guess I'm okay and let's have a threesome - oh wait, medical disorder" twist was dumb as shit. I'm stretching to remember anything in both the original or reboot that was this stupid. Same with the "Elena goes to work for the cartel" nonsense. The guy they hired to play her other childhood friend was just terrible.
3) No real threat. Love him or hate him, Cliff was the mastermind in the first two seasons. Once they dealt with him by planting evidence to accuse him of JR's death, the show suffered. There was nothing that could really fill the void in his passing, and even the main characters became borderline villains for stooping to outright-illegal actions to get their way.
4) No promotion, no online chatter, next-to-no awareness that episodes were even airing (or that the season had started) contributed to the long drop to the bottom.
Good riddance.