I just watched the Pilot episode. By Crom, that was confusing. The episode managed to get halfway through without massive boobsploitation, but then the bazongas came out, as did the pretty boys (one of them appeared to be a cross between Sephiroth and a hot librarian. He seemed kind of cool).
The opening episode spent a lot of time setting up plot threads that ought to be compelling but didn't really hook me in. Also, the main character is cut from the same ineffectual emo cloth as Shinji from Neon Genesis Evangelion. I disliked Shinji, and I dislike Jin even more. I hope he'll snap out of it one day, but I don't intend to watch that far. Sorry, Jin. When you're that ineffectual from day 1, the vague promise of a crowning moment of awesome is not enough to keep me interested.
On the subject of Evangelion, these two series seem to touch on similar subjects, but Evangelion does so better. The action was more interesting, the various plot threads were less confusing (at the beginning, anyway, which is what matters for a first episode), the look was better (better animation, more interesting visual design - although there were a few nice touches in Dragonauts, like the giant rail launcher)...but most importantly, the central promise of the series was delivered much more readily. In Evangelion, it was giant angel-mech-thingies, which we got. In Dragonauts, it's dragons. The only dragons I saw in episode 1 were in the closing credits.
Indeed, this whole "waiting to show us the dragons" bit is really bad form. Did Pokemon wait until episode 2 to give us Pikachu? Did Death Note wait until episode 2 to start writing off criminals? No! They hooked us in with the central promise right away. Also, to clarify, I say that the "dragons disguised as humans" don't count. If it neither looks like a dragon, nor sounds like a dragon, nor inflicts city-wide property damage like a dragon, it will not suffice for me.
This is a lot to say about the pilot episode, and I am being unfair here. Still, a first episode has to count for something. This one gave me emo and tits in the place of dragons, and a plot I couldn't grok. The series may get less confusing over time, but I suspect that if I waited around long enough for that to happen, the onslaught of boobage, emo, and not-dragons would take all the fun out of it.
Farewell, Dragonauts. We shall not cross paths again.