I was still in high school during the first season of The Real World, so I don't really relate to it, but the second season took place duing my first year of college and was part of the whole "college experience", I guess.
In any case, those couple of early seasons really bring back memories. I loved the second season, because at the time the show was more of what it pretended to be. They found several unique individuals, threw them all together and people got to see what happened. Or at least that's what it seemed like.
The one that everyone always bags on, London, was also a favorite, as was Miami. But with each passing season, the ratings grubbing Mtv execs pushed more and more for the formulaic tripe that we see now. All the people are as attractive as can be, and the show centers around sex, drinking and what looks like scripted melodrama (probably because the producers encourage certain kinds of behavior through subtle suggestions). I enjoyed Hawaii on some levels, but at the same time it was the ultimate undoing of the series. The sex, drinking and extreme weepy melodrama of this season got such huge ratings that every season since has tried to copy it. As a result, they have gotten progressively worse.
I couldn't wait to see them do The Real World in Chicago. But when I finally got to see it, it was just like the others: trying to be like Hawaii.
I also dislike the single organized job that everyone has to do together now. I don't recall the early seasons having this.
If you want to see how great this show could be, watch season 2 in reruns.