THAT 'LOVING' FEELING

Viewers have little love for ABC's Loving. Created in 1983 with the help of the legendary Agnes Nixon (All My Children, One Life to Live), it is the lowest-rated soap. Producer Jo Ann Emmerich, a former ABC veep, may yet rescue it, but here's the report card as of now. *Good news: Recent plots, like Angie's bone-marrow transplant, are more realistic. Nancy Addison as money- grubbing schemer Deborah is a bitchy hoot. And the theme song is still daytime's best. *Bad news: One of only two half-hour soaps, its short format makes compelling storytelling difficult. Famous grads: Luke Perry, Patricia Kalember. *Babe/hunk alert: Can't beat Amelia Heinle (Steffi) or Robert Tyler (Trucker). *Recommended dosage: The opening scenes twice a week'll do ya; avoid overdose.