I don't blame you. This stuff is so bad it's indefensible.
Seriously, though, I'm actually surprised by the lack of effort on these (in the writing area, anyway... again, the art has been great). You'd have thought they'd have gone out of their way to deliver. Instead we're just getting what was some of our worst fears: official fan-fiction. Actually, that's not quite accurate. At least fans of WATCHMEN would have some knowledge of the original work and its characters.
That said, I still think Ozymandias has been pretty well-written so far. That's probably because, unlike the others, it's not trying so painfully hard to affect the original WATCHMEN with contrived & out-of-character "You think you know Watchmen? Think again!" bullcrap.
I'm still going to continue to read these. I feel somehow obligated. But about halfway through the naysayers have (to this point) been vindicated. DC and the writers aren't dotting I's and crossing T's here... they're pooping this stuff out of their asses. Unfathomable.