Half of the story focuses on sexual interactions (as you can probably tell from the cover), so if you don't like that kind of thing, this show probably isn't for you.
The art and sound is good (although some animation might not look as smooth as a fully-funded TV series), and there's a fair amount of story (it has a plot that has progression). The main negative points are that the episodes are pretty short (since it's a web-series) and that it's split into two versions: standard and R-18.
The standard version runs for 3min45sec while the R-18 version runs for 4min45sec.
The standard version is basically just the R-18 version with the lewd scenes cut out. The lewd scenes rarely have much dialogue, so you aren't missing that much story if you watch the standard version.
If you expect this show to be a half-hentai with a cross-dressing male and regular female, this anime is pretty solid. It might be worse in story compared to something like Clannad or something, but it's like comparing apples and something that isn't apples.
In summary:
If you don't expect anything outside of the MAL description, it's a good anime.
Also, make sure you get the version that you want (standard/R-18).
