I like the concept alot and it has produced some great racing but I dont think its fair to compare them yet if at all.
Maybe in another decade or so when the teams have become even more competitive and they have drivers which the fans know well etc, it will be even better.
Im looking forward to this weekends race tho
Theres heaps more overtaking in little p-class boat racing but that doesnt mean people think the americas cup is boring...different technology etc.
Nothing will ever replace f1 as it is what it is.