Anything, even the most vile shocking disgusting joke possible CAN be funny if done cleverly. The only thing that worries me is that the writing is FAR from clever now. But if Cookie is on it, I'll watch it no doubt.
Its just like what the youtube user "brandeis1" said on the video's comments section;
"Just because a show is made for adults does not mean it HAS to be raunchy. To see a show go back to something that Cookie Monsters has his roots in, like the original Muppet Show's style of humor that was great for both kids AND adults, would be amazing, and I think it should be encouraged."
I agree with this.