I think it's a great idea. Lois Lane and Lex Luthor are iconic and intriguing characters all on their own, and seeing them develop and what Metropolis is like before Superman gives people hope for a better tomorrow has a lot of potential. It was one of the strongest aspects of Smallville, to see those two evolve, and Gwenda Bond's successful young adult novel series about Lois Lane (Fallout, Double Down, Triple Threat) also explored young Lois as she encountered young Lex Luthor while working as a high school cub reporter for the Daily Planet and exposing evil businessmen, politicians, and scientists.
Especially in today's world where journalism is so important to exposing corruption and wrongdoing in the world, a story like this could be very timely. Plus, if Lois has a leading role, and she is potentially played by an actress of color, then it could be meaningful representation. Not to mention, Lois's wit and Lex's cunning can be a lot of fun to watch.
I'm excited.