I'm kind of surprised this got moved to Gundam, but GBF didn't. Weird.
Episode 1 was enjoyable, but I was kind of surprised by the comedy. MSG had bits of comedy in it too, but looking at all the previews for this, I was under the impression that this was going to be super serious, super dark look at the events leading up to the One Year War. Also, Still, the animation is amazing, and it's interesting to see more of UC's past.
Eh, based on just this one episode I would say no. It depends on how the future episodes turn out, and who knows how long it will take to churn those out. Gundam Unicorn took years to complete.