I, too, have been watching Y&R for over 20 years and now I TIVO it when at work. I really like the new Adam and am waiting to see where the writers take this character. He is truly a young Victor even though Victor didn't raise him and I think Victor sees himself in Adam.
I don't like Sabrina at all....she is way to young for Victor and I almost gagged myself when he carried her up those stairs..oh brother.
I really like Phyllis and Nick but wonder where this is going to go if Felicia (B&B) gal starts to go after Nick.
Amber - didn't like her in B&B and don't like her much in Y&R but at least in Y&R she isn't as ruthless.
I agree with some that they will bring John back in some way - I kinda like him with Gloria. She is evil though and wish she would get a taste of her own medicine at least once.