I would reccomend it personally. The fight animation is consistently great, and beyond that, the out of combat animations improve significantly in season 2, as does writing, voice acting (This because most of the cast were not professional V.A.s) , etc. As for comparison, it is hard to say, as it is kind of its thing, a mix of anime and western cartoons. Now, there have been shows of that mix before, like Avatar, but RWBY leans more to the anime side.

Since it is still only hours in length, I would recommend watching up to the end of season 2 before making a decision.