I guess plenty of people have said a lot of things about all the movie and TV references this series has and how it recreates the eighties in all their faults and splendor. I will not add to that.
With the release of the second season I'd simply like to advise that both seasons are very different animals. Think of it as the difference between the original Alien movie and the Aliens sequel: Whereas the first season was more about an unknown and unseen horror and the mystery behind the backstory, the second has more in-your-face action and horror laced with character development arcs which feel nice but sometimes sidetrack the series a bit.
Consequently, a fan of the show should probably watch the second season as a separate work of fiction rather than a true continuation of the first season in tone and spirit. The writers move the story forward and we get a very good piece of entertainment but the new season has to be judged on its own merits.