I'm glad that I saw it. It's Macross and it has that feel throughout it. Sharon Apple music in the background, or the old guy showing Mylene a picture he had taken of himself with Minmei. Stuff like that. It has its cheesy moments, but the payoff in the latter half is rather good. Agreeing with what the others said, it's not for the casual anime fan, it's only for those who have seen and loved the original, so watch it yourself first. Like many shows there are things that could have been handled better, or better explained, but it's worth seeing at least once. If you don't like it, then you don't have to see it again. But you won't be any worse off for it.
Also: VF-17's