The show distinctively interjected clips from older black-and-white television series to punctuate Martin's feelings or thoughts.

The show centered on Martin Tupper's life in an apartment in New York City with his young son, and relating to his ex-wife, while trying to date other women and succeed as an editor for a small book publisher with Toby, his brassy secretary.

Judith, his ex-wife, went on to marry Dr. Richard Stone – the never-seen (until the end of the series), most impossibly successful man on the planet (astronaut, brain surgeon, the fifth Beatle and consultant to the Pope); despite Martin's undying love for Judith, he could never compete with the legendary Dr. Stone.

In their first-season review, John J. O'Connor said Dream On was not "different from ordinary network fare...except for, as might be expected, the more freewheeling language and treatments of sex"; by the season's third episode, the show's protagonist is "already becoming just another nice bachelor father, not all that different from the one John Forsythe played on television several decades ago.

"[8] About a year later, O'Connor said, while the show "has its weak spots, most notably in a pointless tendency to be smarmy" with "clips... that are sometimes less witty than painfully obvious.