It's a two and a half hour long fan-edit of both of Ridley Scott's disappointments: 'Prometheus' and 'Covenant'. The first one tapped into the 'Ancient Aliens' hype as peddled by the History Channel and the second doubled down on this cringe, driving a stake through the Aliens franchise altogether.
The fan-edit is a more clinical/documentary style adaptation of the available footage (including bonus material). It follows the synthetic 'David' and explores his motivations and character arc more fully. It removes much of the cringe, but does not manage to excise all the Hollywoke stupidity. E.g. the study of micro-organisms was apparently never developed in this universe, explaining the complete and absolute stupidity of the characters in removing their protective suits in a xeno-biological environment or never bothering to put them on in the first place (as is the case in the second movie).
It was definitely a good attempt and it even gave off vibes of the original 'Alien' movie, but it also had a lot of smaller narrative plot holes. But all things considered, it was still better than the original.
I saw Juicy Smelly in the Covenant portion of the movies, which is annoying. He stands out so much to me thanks to seeing his smug-ass face for so long, it's like a 4th wall break every time he's on screen. He is used for an interracial sex scene with a White woman, but fortunately both are killed by the Alien.
I also noticed that both Strong Ripley Characters lose their boyfriends/husbands in the first act in each movie. Noomi Rapace's bf gets infected by the android with the black goo (then flame-throwered), and the other lady's bf gets incinerated in his cryopod when they have to emergency wake-up. Can't keep those ladies down with a dumb man, now can we?
I don't especially like the jump back and forth from one movie to the other because it ends up feeling like I'm pausing one movie to watch the other for a few minutes. Fortunately this doesn't happen excessively often, but I do include it as a criticism.
Both movies most likely would not have been made if the leads weren't female. Almost all modern-day science fiction is now gynocentric, resulting in the worst television known to mankind.