Azumanga Daioh

There's some talk of Azumanga Daioh floating around /b/ all the time. I thought it might be a good anime, so when I saw the first two episodes of it on TV (dubbed and probably edited) I checked it out. Didn't find it too interesting, though. Not very funny, not really dramatic, no gripping plot. I've seen a few animes and enjoyed them a lot - FLCL, Evangelion, Fushigi Yuugi, Yu Yu Hakusho, Angel Sanctuary, Serial Experiments Lain - but I didn't see any appeal Azumanga Daioh.

My question is, what do you guys think of it, and if you like it, what's so great about it? Did I maybe miss something in the editing or the dubbing? Does it get better later on?

It's like Seinfeld - "A show about nothing", but set in a Japanese  High School.