If you listen to it expecting a Hold Steady album you'll be disapointed. If you give it room to be its own thing, I at least found it to be pretty great.
Same goes for his live show. If you show up expecting a stripped down version of a bunch of Hold Steady songs with some solo stuff thrown in you'll be disappointed (he didn't play any THS songs). But it was still an amazing experience if you let it be its own thing.