Watch the first episode here:
Promo (First few minutes of the first episode)
[youtube]http://www.youtube.com/v/KzIxFmHBB4g&[/youtube]
"A love comedy parodying fairy tales such as "Little Red Riding Hood," "The Ant and the Grasshopper," etc. Ookami Ryoko (Ookami-san) is a spunky high school girl. She is a member of a "fixer" club so called Otogi High School Bank. She fixes the school's problems with her partner Akai Ringo (Akazukin-chan.)"
Source: ANN
Well... my opinion of the first episode was something like...
"Watching the journey of Misaka-Taiga-hybrid with Loli-Misaka-Index-hybrid, stalked by Araragi and Kuroko-god"
It was like watching a fusion of Railgun and Toradora, while the male main character reminded me strongly of Mr. Screwed-Araragi. The late half of the episode had a bit of Mayoi-Neko-Overrun-Dumbness-flavor. Not a particular good sign.
As a side note:
Ringo- Seiyuu of Ruiko Saten (from Railgun), Fumino Serizawa (Mayoi Neko Overrun)
Okami Ryoko- voiced by Seiyuu of Kaori Kanzaki (Railgun) and Hinagiku (Hayate)
Morino- Saji Fagroad (Gundam 00)
Edit: Gah bugs. Can't do quotes and youtube links eh?