A bit less than three out of nine volumes have been animated, but Kyon and Haruhi's relationship doesn't really progress much beyond whats established in the anime. Haruhi did coerce the other girls into helping her give Kyon a Valentine in a roundabout way, but they still haven't even approached the level of the kiss that ended the first volume. On the other hand, some stuff is revealed about Kyon's connection to Haruhi and why she 'chose' him, sorta.
It's a pretty good read. If you're considering it, then by all means I would say go for it.
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