Yes I'm watching, in Europe there is little chance of not-watching the Euro right now
I was also surprised to see the Netherlands loose but seems like all the pressure build up by lofty expectations takes it's toll. In Dutch media there was a big build-up where there is not the hope but the expectation that the 'golden generation' wins the title this time. "Now or never" is a headline I read quite often.
My other surprise was Italy yesterday. They were a bit chaotic at the beginning, but then they actually stood up against Spain and got to a well deserved 1:1. Germany versus Portugal on the other hand was quite boring to watch, the most boring game yet. But that's how Germany used to play in tournaments: do the absolute minimum to win in the first round and then start getting better the closer they get to the final.