The sense I'm getting from the series so far is that it could really easily descend into the ludicrus but the writers are doing a fantastic job of blending what amounts to the flip sides of dream and nightmare. I really can't wait to see where they end up going with it.
While I agree with some of the other posters that right now the transfer thing is a little gimiky, I can't help but think that the series bible has some good reason for it and it'll play a big role when things really start to heat up plot wise.
Also,
Spoiler
I'm forseeing some serious interpersonal plot stuff with the base monsters. I'm excited to see what happens between Grilka and Schwartz.