No one else has written one so i'll start this off and edit it later.
Basically, it is quick close to the anime, of course the art isn't that good, seeing as it was made in 2002, but the characters are the same as ever and you get the odd chapter/episode clash. Of course it harder to get some jokes when its not animated but it still holds the potential to be very enjoyable, esp with someone like me who has a bias toward a School, Parody, Comedy combo (just missing Slice Of Life ;).
But should you read it, Yes, if you loved the anime then
you should at least like this one too.