I disagree, that's the same logic that made the final season of GoT underwhelming. Action and plot points alone do not make a series interesting, it's the audience's relationship to characters, which take time to build. I'm still watching House of Dragon but many of these dramatic points don't hit as hard because of how fast they're moving and the lesser degree of connection I have with what are all essentially puzzle pieces.
Ohh I think we are in general agreement, though I might not have worded my previous message well.
I'm in total lockstep with you that nuance and building relationships with characters is paramount for any show.
In the years 1-6, of GOT, some complained that 'nothing' was happening. I liked the pacing, as there was a story being told.
And while I still enjoyed years 7-8, I agree with the consensus that it felt rushed.
I've enjoyed HOD, but I haven't loved it yet for the reason you mentioned. There hasn't been a larger engagement with the characters.
My point was that they've covered 20-30 years here. So in a 10 episode arc over that period, each episode should have plenty to chew on.
But yes, like you... I enjoyed the journey of GOT vs the fast forward nature of HOD... otoh, I do understand why it was necessary. Plus you didn't have Martin spelling out every would be scene.