Unfortunately, it has a few cringeworthy moments and tropes[1]. It is definitely precocious at parts and not hard to draw the parallels with the whole Übermensch/Singularity thing (though to my understanding, the author has distanced himself from the organization and is currently at MIRI).
My chief criticism would be that it is overly bashful of the original Harry Potter story logic but lacks a tight plot through the second half. (Admittedly something very difficult to do with serialized fiction.) Up until chapter 87 I got the feel the story went off the rails, but the last few updates have been very interesting (no spoilers.)
If you enjoyed Snow Crash and do not mind fantasy, you would probably be into this. Don't take it too seriously and keep in mind it is about 1000 pages now.
[1] In particular: http://tvtropes.org/pmwiki/pmwiki.php/Main/MarySue / http://tvtropes.org/pmwiki/pmwiki.php/Main/MartyStu