I bought this at Sam's Club yesterday for $19.88 (their standard price for these Timeless releases.)
The bad news: yes, these are 16mm transfers, and they are soft looking and rough in patches. However, in general, the color is good.
The good news: all the episodes appear to be uncut. The pilot movie is 95 minutes, and the remaining episodes run 48-49 minutes.
It's clearly a '70s western from the cinematography... and the hairstyles... and the theme song, which I found to be quite charming.
I suspect the series was picked up by NBC to capitalize on the success of Little House on the Prairie, because it has the same feel, as if the Ingalls had joined Wagon Train.