The first season of Lois And Clark was pure magic imo. At the time, it really 
was doing something different from prior tv and film versions up to that point.
It was the first iteration of the mythology that truly reflected the post crisis changes to the character.
Superboy came before Lois And Clark , but that was still largely the pre-Crisis type of Superman like the Reeve/Donner era.
The was very much a product of the early to mid 1990s with Lois and Clark being modern, 20 something  genxers. They very much reflected that age demographic which had become popular on tv with shows like 
Friends and 
Melrose Place.
The focus , in the beginning, truly was Lois and Clark. That was the point.
Superman was
 supposed to be 
secondary, so , it wasn't due to lack of writing talent or due to a mistake in focus.
Alot of fans today ,and even back then , couldn't really get that the show wasn't supposed to be an "action show" like the 
The Flash or 
Arrow is today .
Originally, the show was supposed to be more akin to 
Moonlighting.
Hatcher's Lois, Cain's Clark, and Shea's Lex made for a great trio and a good love triangle. Shea is vastly underrated as Lex imo .
Lane Smith is still my favorite version of Perry White. I think it's much easier today, in the context of where the genre is now,  to look on Lois and Clark and appreciate what they were trying to do back then.