It's a pretty good show. Sort of reminds of a bit of Gurren Lagann, but without the robots. The OP animation really is fantastic, and the anime it's self hold up well.
I'm up to episode 7 now, and this has the potential to become my favorite series of all time! I love the interaction between Maka and Soul. Great characters, great story, and great animation!
I just started ep4 and I love it as well. What's neat is they are using an idea I had a while back about human characters becoming weapons... but they came up with a much better story for it. Death Kid and his sister guns were awsome! If I could get pistols like them I'd definatly be into guns. I'm already eager for it to get licenced.
Yen Press. http://yenpress.us/?page_id=451 Their description makes me fear their translation though >_<