Eh it was ok, the original is better but there's not too much missing here. I think part of the charm of the original is how gothic the castle is, and the TV budget simply doesn't let that happen. For instance the intro to the "Sweet Transvestite" feels like Dr Frankenfurter truly catches Brad and Janet off guard in the original, but here it's obviously carefully choreographed. There's a similar situation when Frank chases Janet through the halls: in the original it feels like anything could happen that one wrong move could lead to her demise, but here it's Victoria Justice running from set to set.
It was probably the best you could do at such a budget, and I don't want to pooh pooh the thing to badly, because I think it's a worthwile time, but I've already seen the better version.