It went pretty well, generally well-received, but I don't think it had any of the original Dallas's creative staff. Viewership started strong and dropped substantially every year, but the cancellation was still surprising, because it wasn't doing badly even by season 3.
It's possible that a Twin Peaks revival might go a similar way - initially drawing in lots of people who just want to see what the hype's about, then losing interest over time if they find it's not for them.