After poking through this thread (and seeing the images of Kanade and Tsubasa) I decided to check it out.
This is pretty much my string of thoughts/reactions throughout the episode:
Spoiler for Reactions/saving space:
"Ruined town, wonder what happened."
"Two years ago?"
"No male lead (no romantic subplot?) that sucks, this city looks pretty awesome though"
"Finally! Kanade! MmmmMmm, I approve. Me want."
"Screw the male lead, I like where this is going. Kiss please."
"Wait, what? Idolm@ster? This is fantastic"
"Wait, what? Transformation AND singing? Singing while fighting? AR TONELICO!?!?"
"These enemies are pretty plain, but the way they attack is awesome."
"This fight scene is so absurd it's amazing, I'm loving every second."
"Damn it girl, run faster!"
"Kanade is a god damn champion."
"Kanade, what are you doing?? Listen to Tsubasa! NOooOoooOooOOooOOo!!!"
"This is a horrible trade, I want Kanade back"
"I want Kanade back"
"I want Kanade back"
"I want Kanade back"
"Cold, distant Tsubasa is kind of really hot."
"I can't even remember this girl's (Blondie) name. I want Kanade back"
"That looks like it bloody hurts. Wait, what? Adding insult to injury. Get your own damn armour girl. I WANT KANADE BACK."
That being said, my eyes were glued to the screen the entire time. It's a wonder I somehow remembered to breathe. Good ol' nature, doing things for me automatically.