Considering the show makes it that far. Hopefully. Here is a snippet from an article originally from philly.com.

But for all the effort to show things the way they used to be, "American Dreams" creator Jonathan Prince has allowed himself one big boo-boo."The one game that we're going to play really hard and fast with the facts is that [while the show opens in November 1963], 'Bandstand' did leave Philadelphia in '64," Prince said. In Prince's dreams, "American Dreams" lasts long enough to take his two 16-year-old "Bandstand" dancers to high school graduation, at which point he'll have them follow the show to Los Angeles, creating a bicoastal dynamic for the family drama. Because 18-year-olds couldn't dance on "Bandstand," he'll have one of the characters get a job on the show, he added."Bandstand will always be important. The reason we have to keep 'Bandstand' in for the two-season lie is that if it moved to L.A. in '64, Megan and Roxanne can't be on it," he said.

I really do hope it does last longer than 2 years. This is one of the first shows within the last two years that have come out that I could actually see becoming a great American family drama for years to come.

I hope so too. The first episode ratings were good, but that was to be expected after all the hype. The real test is how it will hold up. Most shows drop after their premiere anyway.