They're all completely terrible, though you need to watch some US ones to get an entirely different perspective on them. I remember seeing a few episodes of Days Of Our Lives when I lived in SA a long time ago, not really knowing what sort of TV show it was. The storylines were completely ridiculous; a woman who lived in a hut near a bayou because she'd been outcast from town (despite being stunningly beautiful under all that mud and dirt), a woman who was a princess in a previous life/previous marriage/alternative universe, a crazy scientist trying to control people's minds with chips planted in their brains. Then all the usual day-to-day boring stuff of your typical soap. The fact that I can remember all that after 13 years says it all really.
Then there's the product placement:
Honestly, it'd almost be funny to watch if it didn't feel like you were being slowly lobotomised by doing so.