Word is that George Perez will leave the series after issue 6. Keith Giffen and Dan Jurgens are supposed to replace him, I don't know about Moreno.
Complaints about the 1st issue on other message boards seem to say that the story was too wordy or too old school.
I didn't pick up the book--all I have to go on is the CBR preview pages--but even though I'm no fan of the relaunch nor of Perez as a writer (though I love him as an artist), I was impressed by those pages. If I'm being objective and not judging them according to my own personal bias against the relaunch and all the things that have been done to the characters. As just basic comic book storytelling, those pages look good. The visuals are strong, the inking is great. The use of text works, because Perez is doing a collage of narratives. The wordiness has a purpose and it's not entirely for the sake of being expository, but rather to show different levels of text and how they cohere and contrast. And it's a first issue, so we're being introduced to the characters and their milieu through these different levels of storytelling which all meet on the comic page.
I guess this makes me old school, because I don't see the defect that others see. Granted, though, I'm just going by the sample of the preview pages. But I wonder if younger readers just don't like having to read a lot of text and they have come to think that "good" comics are just a lot of pictures and very little text.
Anyway, even though I have no desire to see the DC relaunch succeed, I like Mr. Perez and I hope he's doing okay.
The problem, to me, is not that it's too wordy. The problem is the style of writing that Perez chose for the issue. Specifically, it felt like his first issue of Action Comics in the late '80s after Byrne left. Big cast of characters, focus on the Daily Planet and Clark Kent, but not Superman. That style may have worked in the past when Superman had 3 inter-connected titles, stories spilled over from one issue to the next, and comics were less than 1 USD. But, when you only have two books and one is set 5 years in the past? That's a lot of ground to cover and you should be wanting to establish the main character in the first few issues, not his supporting cast.
That's my opinion, however, there are those saying that it was a bad issue just for the fact that it was wordy. Of course, the opinion of the ADD crowd is not one that I take seriously for the simple fact that they lack common sense (in my view) in their purchasing habits. The books now cost 3-4 USD and a good amount of them take 5 minutes or less to read. Seriously, they put down more money for less content, argue that more books should be that way, and criticize those that aren't. In short, they're idiots.