I finally got around to reading the treatment, after meaning to when this thread first popped up. I realize it was written a couple of years ago, and the landscape's changed a bit, and I also realize that it's a pitch, so it's supposed to sound excited. But I just have a hard time finding the treatment all that revolutionary, and certainly, for me, not worthy of the breathless tone it's cast in. There's a line between confidence and smugness, and this one crossed it for me.
I'd also agree with those who see striking B5/Crusade parallels in here. Wouldn't have necessarily made the show bad, mind you, but the B5/C "DNA," to borrow the treatment's words, is there.