This was the first episode of Lucha Underground from the January tapings. For the first time, we have an audience that’s actually had a chance to see these luchadors on TV before tonight, and they are hot. Pentagon Jr. gets pops. Even Son of Havoc gets pops. They’ve definitely improved the lighting effects, and they’re using more handheld cameras and close-up shots, which sort of adds to the whole grindhouse-cinema feel of the show. The announce table also appears to be a little fancier as well, and they’ve swapped house bands (this time it’s Mariachi El Bronx, which is actually a hardcore punk band that does mariachi music as a side project.)
Angelico and Son of Havoc had a great match that really had me in suspense. It seemed like both of them temporarily forgot this ain’t WWE and the guys are allowed to actually make contact with the women.
Pentagon Jr. squashes Famous B and then breaks his arm with the Kimura lock a la Brock Lesnar. Between this and Big Ryck getting his eye burned out, they’re certainly not shying away from the ol’ (simulated) ultraviolence. Pentagon pledges loyalty to his “master” - definitely a plot angle to watch.
Speaking of plot angles to watch, holy crap Dario Cueto has a monster locked in the basement of the Temple and the key is to its cage. Apparently, the mysterious Asian woman, now named the Black Lotus, works for Batanza (whoever or whatever that is) and wants revenge against Dario’s monster for something that happened when she was a girl. We’ll have to see where this is going.
Drago finally gets a win against Aerostar. They’re definitely playing up the polar opposites in these matches - last week we had Fenix (everlasting life) vs. Mil Muertes (everlasting death), now we have Drago from “El Inframundo” (I.e. the underworld) vs. Aerostar, from “the cosmos”. Speaking of Fenix, Catarina appears to have a sweet spot for him - not sure where this is going, but it should be interesting.
Johnny Mundo is back - and he’s rocking the Morrison look more than ever. Cage comes out literally wearing the broken Lucha Underground championship around his neck - I don’t think I’ve seen that kind of gross disrespect for a championship since Hogan spray-painted the Big Gold Belt back in '96, and it’s definitely getting him the right kind of heat even from the smarks in the Temple.
Matt Striker has, if anything, only improved on commentary since the previous tapings. He and Jim Ross did the English-language commentary for a New Japan PPV in December - JR must have rubbed off on him.
The main event ends in a DQ after King Cuerno skulks down from the rafters to attack Johnny for reasons that are entirely his own and will no doubt set up a match between the two of them coming up - and Dario Cueto, because he and Johnny are “friends” now, restarts the match, and despite a valiant effort, Cage comes out on top. Man, Dario Cueto is a dick. 
The show ends with Dario in his office on the phone, telling someone that Black Lotus has arrived - and someone else has arrived as well, but you already knew that.
Both this week’s shows did a great job building up what’s to come. If I had to pick a winner, I’d say NXT by a nose, but it’s a very small nose.