While Nic Cage being attached is no guarantee of quality, I do find it interesting this is his first TV series. I'm sure he's been offered TV roles before, so to me this implies he might really believe in the project.
Lord and Miller being involved is a good sign, too; but I'm not sure how much influence a producer really has, to be honest, so it might not mean anything for the show's quality.
Either way I'll definitely be watching it since I love Nic Cage and greatly enjoyed him as Spider-Noir in the Spider-Verse movie; but with Sony's track record, I'm only cautiously optimistic.