I watched the show and for the first half hour I thought that most of the acts were not good at singing live. The vocal performance was often muted and drowned out, by the music, especially when the act was talking in the verses.
Fearn and Reggie are kid show presenters, because that's how the BBC see TOTP.
However we need a chart show each week now, just to stop the ridicules following of what the USA wants to send our way via iTunes. With downloads making the charts responsive to TV airplay now, a proper music show (not necessarily TOTP) can place new acts in the charts. If these were UK acts not currently in the charts, that would certainly be a good thing don't you think?