You didn't miss much. It seemed almost red pilled at first ... you had aliens arriving and promising free healthcare and all sorts of other goodies in exchange for help. Meanwhile, their plan is to steal all of the resources on our planet and freeze/store people for food. The people that remain become slaves! Seems a bit familiar I would say.

Once some liberals were all pissed off by that narrative (same narrative kind of existed in the 80s version), they switched gears and made the show more woke ... it was canceled not long after.

The thing that was amazing about the original was the alien arrival. There was absolutely nothing like it before or since ... the reactions of people in media, government, science, religion, etc were all dead on! The newer one basically skipped all of that ... that was really disappointing.

If you ever get bored and need something to watch that should make you forget about life for a few hours, dig up those old V miniseries (V and V : The Final Battle) ... again, if you can get over the special effects and B-grade acting, the story is great ... somewhat cheesy, but still awesome! :-)