It takes a while for him to update and so you should catch up real quick.
And in the author's defense, he started writing it when he was like 16 years old or so, so people should cut him some slack. It's got an okay story, it's kind of original (or at least doesn't rip off anything I recognize) and it's art is pretty good and it has cute-catgirl-wish-fulfillment-sex
I give it between a B- to B+ (depending on what story-arch we're talking about) and say it's an all-around win. It isn't on the same level as Flipside or even, say, El Goonish Shive (although it doesn't lower itself to the stupidity of EGS at it's weaker points either), but it's still a pretty fun story. Have fun!