I would have to disagree. They are different media, drawing different audiences.
I’ve watched monster movies since childhood as well as science fiction television. While there are emotional and character stories in them, they have a fairly predictable pattern towards a major climactic fight.
My partner has no interest in kaiju movies but is really enjoying Monarch because it has, for them, enough intrigue and character stories to hold their attention.


The question I have in my mind is whether the Godzilla audience that is primarily there for big monsters (and/or powerups) is the American / English language audience vs the Japanese and global one.
Monarch is ranking better with Asian audiences than English speaking ones, which suggests that it may have a different reach than other American licensed-kaiju media.
I haven’t seen any Japanese reviews — the Japan Times feature was more about how the show is being increasingly produced in Japan.