I recently saw all 13 episodes of Paper Dolls on a website and have mixed reactions to the show.
1: Too many Characters: On a daily soap opera, the amount of characters would have been wonderful and more time would have been alloted to develop all the characters. On a weekly prime-time show, that doesn't work because you don't have time to develop the characters before thrusting them into the main plotlines. No character development=no character investments
2. Two shows in one: What I noticed most was that it seemed like two shows combined into one with minimum character interaction to connect the two shows. On the one hand, you had a dysfunctional family fighting each other for control of a company (ala Dynasty and Dallas)... and the other show was about a modeling agency and the models career and homelife (ala.. an early version of Model's inc.).
3. The best part of the show was Morgan Fairchild. She had the best lines, the best wardrobe, and basically interacted with all the characters.
From what I'd read, they had killed off Lloyd Bridges wife and were planning to bring on his sister or sister-in-law to do battle for control of the company. I think the only thing that could have been done was to pick which show to focus on (the family business dramas or the modeling agency angle). Either would have worked on it's own but not together as viewership dwindled over time.