I have been watching it too--the way they marketed the series was really neat so I had to see what it was all about, now I'm a bit hooked. Yes, there is alot of 'raunchiness' that I think could have been left out--I don't think the story would lose any value or meaning if they cut some of it. The story itself though is really interesting.
I have not seen "The Lost Boys: Tribe" yet. I am a fan of the original cult classic though and have been waiting until a little closer to Halloween to watch it again, and then I plan to watch the new one too.