As always, my reviews are spoiler free.
Story - 3/10
Panty and Stocking, a pair of angel sisters are rejected from heaven due to their questionable natures. In order to get back in, they must kill ghosts to collect heaven coins. It seems like a pretty simple story, and that's because it is; each episode (with a few exceptions) is divided into two halves, each killing a ghost wreaking some sort of havoc in the city. This havoc is usually directly involved with some sort of crude humor (the tissue factory has been taken over so men can't "relieve their frustrations, all of the city's sewer waste has been possessed, etc.). Panty and Stocking will show up and, with an interesting incantation and poll-dancing mahou shoujo transformation sequence, destroy the ghost with their weapons made out of their... panties and stockings. There really isn't so much fighting as their are one liners.
This is a comedy anime, but not the average one. It relies almost entirely on dirty jokes, which can get old pretty quickly. On the other side of the heaven coin, however, there are many witty scenes and parodies to appreciate. A favorite of mine was sperm soldiers assaulting a beach with a certain "mound" being their final goal. Therefore, we have a mixed bag of stale sex and bathroom humor and relatively thoughtful parody, although the former certainly dominates the show.
Animation - 7/10
The animation is totally different from any other anime I have seen. Many say it is like South Park, but I would say it looks much closer to cartoons like Invader Zim. It is likely going to be a very polarizing factor, but I liked it. They will occasionally change the art style to a more traditional anime or chibi style for various purposes (meaning sex appeal or comedy). Overall, I liked the change of pace, with a nice color pallet and comic book sound effects written into the backgrounds.
Sound - 9/10
Whether or not you enjoy the humor or animation of the show, most people would agree that the soundtrack for this show is superb. I want to also mention in this section that the dub would be far superior to native English speakers. I found the Japanese audio with subtitles to be totally unfunny, but the banter between Panty and Stocking is much more entertaining in English, profanity and all.
Character - 7/10
Panty, Stocking, and Garterbelt are not particularly good characters in their own right. However, when they are combined together, the situations they get themselves into can prompt some hilarious dialog. The arguments between the sisters are brutal but funny, and Garterbelt's attempts to keep the two in check never go as planned. Each of the characters has a few overarching personality traits. Panty is completely sex crazed (her goaling being to sleep with 1000 men on earth before returning to heaven) and lazy in her ghost killing duties. Stocking's adoration for sweets is unbelievable, but she is the more serious of the two in both daily life and ghost killing. While she is not a total whore like Panty, she shows strange interest in the opposite sex and is into some exotic bedroom activities, like bondage and electrocution. Garterbelt doesn't act like the priest he is in any way, other than the stereotype of enjoying... younger company. Together, they make a good comedy trio. The other characters are essentially useless.
Enjoyment - 5?/10
How much you enjoy this show will depend entirely on how much you like the characters and if you like the crude humor. I liked the characters, but not so much the humor.
Other Thoughts
-You will probably like this show if you enjoy Western cartoon aimed towards adults.
-It contains a large amount of crude humor, foul language, and sexual themes.
-Watch the dub (another strange exception to my Japanese language preference).
