It's getting a bit too weird in its scripting. It's on the WWE Network, and is only viewed by people who undoubtedly watch NXT and WWE in general, but it feels like they tried to create a show for people who don't actually watch NXT like it was airing on Fox Sports or something. They try to make tension about who is going to be cut, but there isn't any because if you watch NXT you know Apollo Crews or Dana Brooke are regularly featured while the likes of a Cal Bishop were never on TV. It's this weird level of kayfabe.
Like they are actively talking about people creating characters, and showing people training in wrestling, yet seem afraid to outright state the matches are not real contests. The narrator is talking about how "a win could put them in the hunt for ___" like the wins aren't scripted in advance, but then you have a scene of Regal discussing putting together a character with a wrestler.
They want to make Hard Knocks but I'm not sure the crew they have making the show are entirely up to the task.