Eliezer, if you are reading this, please stop procrastinating and finish writing it.

This. His writing was life-changing for me in many ways. Incredibly accessible, useful discussion of various human logic fallacies. Fundamental misattribution error FTW!

How interesting will this be if i've never read the Harry Potter series? (i've seen a couple of the movies)

I hesitated to start. Partly because I found the original Harry Potter kind of boring/frustrating. And partly because it's fanfiction, a sort of writing I do not normally enjoy.

Still, I found it enjoyable and worth my time. Even though I thought Harry's portrayal was pretty uneven (swinging between "scientist/genius in an irrational world" and "arrogant prick demigod").

I liked Drako's additional depth far better than Rowling's one dimensional jerk.

http://www.elsewhere.org/rationality/

(rehash of my previous comment: http://news.ycombinator.com/item?id=3231266 )

There are some inside jokes you would miss out on if you didn't know the canonical universe, but overall, like others have said, it can stand on its own as a great work.

It's set in an alternate universe to the actual Harry Potter series, and starts from the events in the first book. You won't miss much from not having read the actual books.

I was in roughly the same prior-Harry-Potter-knowledge state as you are and I enjoyed it.

I read it and enjoyed it. And I'd consider it a proper book. Just cause it hasn't been published by a big publishing house doesn't mean it's not a proper book