It has occasional flashes of genius, but most of the time, it's just Sunday night filler, quite amusing, but not LOL funny.
I very much enjoyed the 50s race last series, Clarkson being beasted by the fireman in the train was very amusing. Clarkson vs May Air was also good.
The Romanian trip was squandered really IMO. More 'porn' of them driving in the tunnels, or up the ridiculous road, and less of the gypsy jokes.
Got to agree, if you don't like it, don't watch it. Gentle homophobic ribbing is common amongst all my friends, not one of us is homophobic, but that is what men tend to do when we get together.