I barely liked it, so I can't vote either way.
Bad points:
 - "Attack" KITT looks stupid.
 - KITT isn't aerodynamic. (they could of made the Mustang more aero)
 - No really cool burnouts.
 - No crazy stunts by KITT.
 - MBS is better than the self-healing.
 - Showing stock T/A engine was pointless. (this could be explained as a project and not the actual KITT powerplant, however)
 - Bad morals by the FBI woman and Mike doesn't need to be included.
 - Steering wheel looked kind of cheap. (it needed the Knight logo)
 - KITT's display was not next gen. (they should of used holographics)
 - Val Kilmer's voice didn't fit very well.
 - Deanna Russo needs acting lessons.
 - Camera was too close up sometimes. (Hey, I didn't like it in the Bourne movies, either!)
 - No mention of what Michael Knight has been up to all these years. (Why didn't he go back to Jenny & son?)
 - Where is the KI2000 AI? (Does it still exist somewhere or is it in the KI3000, which I don't think it is)
 - The SUV crash didn't move KITT. (Let's not ignore some basic physics!)
Good points:
 - "Hero" KITT looks cool. (It's fine for lower speed tasks at least)
 - I like the scanner.
 - The digital gauges were acceptable.
 - Justin B. was a great fit for Mike Traceur.
 - Pretty good hand combat by Mike.
 - Had some pretty good suspense in the story.
 - Some nods to the original series.
 - Some funny interactions between KITT and Mike/Sarah.
 - Some of the music was good and at least it had an intro.
 - I like all the actor/actresses choices including Deanna. (Her acting just needs work)
 - Michael Knight was in it. (would of liked a little bigger role, but that's OK)
The original series also had bad points, but not as many.
I hope it goes to series.  I still have enough interest in it. 

One man did make a difference.