Ok, 8 episodes are out now, enough time to make my opinion on the show.
Well, even though I say that, I still have pretty mixed feelings about it.
Basically you either view it as a professional series and you'll be disappointed by some part of the animation, by length of episodes, and stereotypical phrases used in most of the dialogues. Or you see it as a fan-creation from a very small staff, and you'll be impressed by the battles so far (episode 8 FTW), the fast improvement of the dub, and the amount of work they manage per week.
And the latter is my point of view. As a Monty fanboy last episode's battle just completely convinced me the series is worth following.
I just hope they will make good plot & character developments, and take the time to throughout think about it.