To be fair none of us were / are the target age for either show. I have never seen PeeWee's Playhouse so can't comment, but I know my kids were entranced by the Teletubbies when they were wee.
I would nominate Starhyke a totally unfunny, puerile, British adult 'comedy' show which managed to rope in actors from Star Wars, Babylon 5, and Stargate SG1 to bolster its SF credentials - and having blown its budget on hiring them shot the remainder of the show in the alley behind the village hall they used as a studio space.
Here's the official trailer. This is them selling it, making it look as good as possible. And, to be fair, having watched the whole series they almost got some of the good bit in.
It looks like crap.