Yeah, the new "Merrie Melodies" (of which that clip you linked) are the worst part of the show IMO. They only lasted the first season, probably for good reason. A couple were funny/interesting but most were not.

Other than that, it's a show I really look forward to watching. You may be disappointed if you're looking for original Looney Tunes, it's not really like that. The characters are the same, their personalities are more fleshed out and exaggerated, the times are modern and they live "ordinary" lives. Some of the reviews I've seen on Amazon for it accurately labeled it as Looney Tunes meets Seinfeld (they were being pejorative but I find the comparison apt and view it in a positive light).

Try watching an episode from Season 2 (the currently airing season) before writing it off. It will only take ~21 minutes out of your life if it's not your thing.