Saw episode 2...
I do suggest that for those who haven't to please wait for Ayako subs or at the very least wait for Whine-Subs to release a V2. The quality wasn't the greatest (though tolerable) and the translations were fine (by which I mean the English grammar was fine...I can't speak for the accuracy of the translations).
However, a glaring issue was that the timing of the subs was off. I am very certain I played the episode without any lag, and the subs appeared at least a quarter second after the words were spoken. This doesn't seem like much, but when you are a seasoned viewer and your eyes are conditioned to look down the instant anyone talks, this delay is glaring and annoying. It also seemed to get worse as the episode went on.
EDIT: It got a LOT worse as the episode went on. At LEAST a one-second delay in the preview for ep. 3
But I digress; Ayako are pretty fast themselves and for most of you this will be a non-issue.
My thoughts on the episode...I do mention plot-related events, so don't read unless you've seen the episode or just don't care.
Most of us were wrong! Ichika Lost! I am VERY happy to see that he is ridiculously offense-based, as I am a hater of all things defense-oriented. It's why I can't play mmorpgs. I die so fast it's hilarious and lose everything.
Houki's tsundereness seemed unnatural. I don't know. Ichika seems blissfully unaware of her interest. What else is new?
Lady Alcott has fallen for the protagonist. We all saw this coming, but...meh...
I am convinced that I irrationally look forward to the next episode way too much in these kinds of shows. Ms. Lin looks like she is a forward kind of girl who will not shy away from the protagonist. She is now my favorite girl in this show and I haven't heard her say a word yet (excluding the increasingly weirder first minutes of the entire show). Her facial expressions were delightful. Fangs = WIN.
I found it rather confusing that they allowed Ichika to fight before the first 'shift' or w/e it was. Given how he absolutely destroyed her afterwards, it looked like he went from Magikrap to Gyarados.
All in all, the story is fairly predictable but enjoyable. I shall wait for episode 3 with fervor.