Seeing that this show is seems to be a series and not just a one timer, I dont think anything is wrong with watching at least the first episode. Will I tune in after that. Probably not. (I dont really watch MTV that much anymore as it is. Like someone said, it went from being about music to something totally different).
Also I dont see this as a National vs Local issue either. If 90% of the orgs on your campus turned them down (Nationals and Locals) wouldnt you think something might not add up with the production?
Another thing is that their lawyers should have made MTV put in the contract, that they get to view all the edited/final cut shows and give them copies of them. That way if MTV changed anything they could sue. Why wasnt this done? I mean we know they have to edit stuff? But thats easier said then done now.
Finally is Sigma going to get girls in their next rush who saw then get 30 mins of fame and want their share to? Or are they going to get girls based on the real character of their org?