Yeah, I've been watching it.
It's been a decent show. Started out a little slow IMO but the last couple episodes have picked up steam.
At one point there was talk about another season, but I believe that's been squashed.
All 3 books (in which the series was based on) will have been covered by all episodes. If they were to do another season they would have needed new material which is easier said than done... case in point "Under the Dome" which I've watched since season one. As goofy as that plot line has become, they should have ended it at the conclusion of season one.
Yeah, I like M. NIght's stuff too... except the "wind making people want to kill themselves" movie. Other than Zooey Deschanel, the plot behind that movie was a cluster.