Well, at some points, this is very trashy, but I think it was planned that way.
Every of the 3 Episodes just takes 8 to 10 Minutes, so even if it isn't something incredibly great, you should find time to watch this, if you like Gundam and watched the first 3 shows (Gundam, Zeta Gundam and Gundam ZZ) and the Movie 'Chars Counterattack'.
While the first episode was just a weird mix up of different scenarios and characters, the 2nd and 3rd episode had something like a "story line".
I really liked the 2nd one with the Zeon Hotel.
This show manages to feature many characters and insider-jokes in just a short time, so at this point the producers did a pretty good job, even if the rest is relatively average.
Still, I enjoyed that show, so give it a try.