I'm just watching for Pam and Eric now. "Republicunt" 
I'm enjoying the fact that they are actually putting a lot of the things fans have always loved about characters into this series. Plotwise it might be a bit wobbly, but it's like a roll call of characters and their best traits: Eric and Pam being utter bitches, Sarah Newlin being, well, Sarah Newlin, Sookie being annoying, Jason being as dumb as a box of frogs, Lafayette being awesome...
It's not as good as season 2 was (high point of the whole series) but I've still liked this season and last season. I might be the only person who enjoyed last season, but it was hilarious - remember when Eric went on the rampage through the vampire prison? Good times.
I really don't think the show has made any attempt to be anything other than ridiculous and tongue-in-cheek for many years now. It knows what it is, and what it is is a trashy, cartoon sex'n'violence show about very, very hot people. I love it for it. Come one, in what other show could "magical fairy vagina" be an actual line? 
In a vaguely more plot-orientated note, I assume that Bill having hep-v too means that there will be a cure of some sort, as they won't kill both Eric and Bill. Sookie will no doubt have to save at least one of them. I can't help but think that whole thing with Eric an episode or so back was it for them. Damn it. Who in their right mind would choose Bill over Eric?