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Victory Gundam is a crazy series that fluctuates around quite a bit, but oddly it can be very compelling in that way. I say its a series that has a very specific wavelength, and if you line up with that wavelength you'll love it. If not, you might find it very bad.
Only way to find out if you like it is to watch the first couple episodes, but do yourself a favor and watch episode... 4 I think it is first? Then go to 1 and onward. The sponsors forced the first episode to be the first episode with a Gundam, even though Uso doesn't get it for a bit, because you know toys and shit.
Despite having some of the strangest moments in Gundam, its also one of the most grimdark and emotional of the bunch. Weird I know.