I spend part of my Geass time taking it seriously and discussing characterization and themes and whatnot. I spend the rest of my Geass time making fun of all the stupid shit that goes down in it. Am I a fag? Half a fag?
The thing is, I actually do think that the characters in Geass are done well enough (and are conflicted and gray enough) that deeper analysis is possible. Yeah, it's a soap opera, but it's fun to delve into the melodrama. No, the show's not spectacular, but if you wanted to, you could make up some pretty damn good analyses of the characters.