It's funny to see that most of the people here are comparing it to Shuffle! when in fact the original VN was actually made by Navel, the company that made the Shuffle! VN. =P
Anyway, I have to say I was for the most part very confused watching this. Usually VN anime adaptations are the most confusing to watch though as you can't really adapt unique aspects the VN might have that well all the time.
A few jokes managed to get a "Ha!" out of me. Majority of the rest of the episode was just confusing. I guess I'll keep watching and see where it goes though. I don't really like to drop anything.
Good lord though. What kind of little girl wears lace lingerie? And what kind of little boy goes nuts about panties not being striped?