Two more epiosdes of Iron Fist in, and I have good news, and I have bad news.
The good news is, we finally have an interesting storyline! Colleen Wing's underground fighting for money and, more importantly, to apparently indulge in barely controlled violence, is the first plot in the show I'm even remotely interested in. It doesn't hurt that she's one of the better actors on the show, too.
The bad news is pretty much everything else. These two episodes put Danny back in a position of power at Rand, first by getting Jeri Hogarth to sue, then by convicing Dead Dad Meacham that Danny can fight The Hand. This sets up, essentially, a shitty kung fu version of Big, where Danny indulges his childlike innocence in a suit and the world of corporate America, and it's just awkward and awful to watch.
About the only upside to all this is the first sign of something interesting in Ward Meacham, who engages the audience with some "I can't believe this bullshit, either" acting while Iron Fist and his dad talk about ninjas and coming back from the dead.
It's in episode 4 where the series makes its first two completely inexplicable mistakes. It has a hallway fight that's way worse than the hallway fight in Daredevil, yet invites an immediate and unflattering comparison, and then it follows that immediately with an elevator fight that's way worse than the elevator fight in Winter Soldier, yet invites an immediate and unflattering comparison. They had to have known what they were doing here, and did it anyway.
Oh, and also Dead Dad Meacham is a middle aged ninja or some shit.