After first ep, I think it's safe to say that if this wasn't on your "to watch" list already, then you can probably skip it. The premise is similar to Sketchbook or Hidamari Sketch, but it seems to be focused more on actual art school activities this time. There's some humor, there are some cute girls, and it's generally enjoyable. However, if you didn't see either of the aforementioned earlier titles, you're better of watching them rather then this.
Still, it's probably going to be one of my favorites this season, since it's exactly the kind of show I'm addicted to.