One of the local channels just started airing this less than a month ago. They show it every workday night. I fully agree with the first comment here (by anonymous, 27 October 1998). At first, I thought it was lame, but after I had watched 1 or 2 episodes, I really began to like it and now I watch it every day if I have the chance. The most of all I like the character of Kwai Chang Caine. When fighting, he uses minimum violence to defeat his opponents, never kills them (at least I haven't seen it yet). He is kind and wise etc. I haven't seen the original series or the movies, but his character makes me want to see these too.
This IS one of the (very few) best series since "Magnum, P.I.", in my humble opinion. The similarity between Magnum and Kung Fu: TLC is that while both deal with action and fighting bad guys, their real focus is on human relations, friendship etc. And more - in Magnum, Tom Selleck fit the role so perfectly, that it was hard to believe this was acting. I think it is also true with David Carradine.