I think those of us who knew F1 back in the last century have a very different viewpoint to those who are younger and consequently more recently acquainted with the sport.
The Netflix series will have attracted a whole new raft of fans I suspect, predominantly of a younger age, who it could be argued, 'demand' to be entertained, or they will go elsewhere.
We have an F1 chat going at work, of varying ages, but probably on balance the average age is more in the 20s range, and whilst there are a couple of people citing issues with the current situation, around 75% of admittedly a small group, are finding it entertaining and looking forward to the next race.
I'm still undecided, but I personally am definitely finding it entertaining, enjoying the unpredictability of the starts, and the fact there is seemingly immediate action, overtakes, attempted passes.
In summary, whilst detractors are certainly not alone, they are likely more vocal than those who are watching and are happy or happy enough with the current format.
My 12 year old daughter, who has been watching F1 probably for 8 years now, is absolutely loving it, she has no complaints at all.
She knows all of the drivers, and has herself started watching the DTS series, has her favourites, teams she likes and dislikes, and the same for drivers - I like the fact she has gotten there without me pushing her towards it.
I was just about watching it in the 70s, though my real memories are from the very early 80s, and I have mixed memories of it over the years, but I don't tend to wear rose tinted glasses.
I certainly do recall in the 90's, turning on for the start of a race, seeing the procession, waking up 90 minutes later to see a mostly similar list of drivers in the positions they were at the start.
Monaco would be a prime example of course, but there are others as well - and for the record, I personally love Monaco and am not someone who wants to see it gone.
Liberty media are now of course the owners, and have been since 2017, but allegedly they may be looking to sell - I imagine to maximise their enormous profit they will be looking for huge viewing and revenue figures to boost the sale price even more.