Anime Mediocre, Not Horrible
As the trope page itself notes, this series appears to be an immature attempt at deconstructing the panty fighter genre. A noble effort, but undisciplined and poorly focused. The twist at Episode 5 provides a thought-provoking commentary on fighting shows and the fan service given to them, but the show does an inadequate job of executing whatever criticism it is directing toward people who typically seek out ecchi-style anime.
The animation is sub-par, the voice acting is sophomoric, and the fight scenes are unnecessarily hyperactive. However, I will say that the premise does have potential. Was that potential wasted? Many other viewers argue that it certainly was, or that there was no potential to be harnessed to begin with. I'm of the former opinion, but the issue I have with this anime is similar to the issue I have with similar premises seen in Sucker Punch, Elfen Lied and Evangelion. Using fanservice in the process of forming a criticism about fanservice is a tricky task much in the way establishing a criticism of war is difficult to do when you're using war itself as the vehicle for your plot.
The anime is mostly forgettable, although it left me with some interesting ideas about how we view combative women in anime. MOMH seems to be struggling to suggest that watching scantily clad, buxom women duke it out doesn't change the fact that they are essentially human beings committing acts of violence against each other and the consequences that entails. Many people also seem to think this anime was just abysmally bad, but if you think this is the worst anime ever produced, you probably haven't seen a lot of anime. Personally, I think most anime is crap admittedly due to the fact that most of it doesn't appeal to me. And believe me, I've given many anime a chance. Suffice to say I've seen much worse. MOMH is worth a quick view if you're killing time, but I wouldn't say it's incredibly painful to watch.
If the anime is trying to make a critical point about ill-conceived fan service, there are better ways to do this. Anime like Queen's Blade, Freezing and Kämpfer may be among its targets of deconstruction, but the pointlessness of MOMH's fan service hampers whatever thesis it has. Give it a quick watch, but don't overreact to its flaws. MOMH isn't made out to be Shakespeare, folks.
Anime So... What was the point of that?
The first thing you should never do when attempting to make a statement against something is to make your vehicle for the statement a blatant example of it and then desperately try to take it back. It didn't work for Funny Games (a film that has steadily shed defenders over the years), and it doesn't work here.
Before we begin, I should note that the animation, voice work, and general plot of the series is already duly excoriated in the other review, and so I need not touch on those. I'll stick to the concept itself.
This series wants to make you feel bad for liking the Panty Fighter genre. This would be all well and good except that I swear it has more nudity in it than freaking High School Of The Dead. And that series dragged the female protagonists into a Furo Scene before the second volume was a third over.
One could argue that this show could work, but then you look at the characters. Setting the last episode aside, the main character is the only person who's more than a two-dimensional archetype. The crowning achievement here is the "idol" girl, whose only trace of character is singing her own image song over and over. Why are we supposed to care when the fate of the losers is shown in the last episode? Oh, right, because suddenly they do have goals and dreams - told to us third-hand! A bit late, isn't it?
What truly represents the failure of this series is the DVD cover itself. The box cover has the main characters fully dressed. The slipcover shows them in a state of Clothing Damage. And on the opposite side of the slipcover, they're all down to just their panties. This is specially advertised on the box. A series trying to scold its viewers for objectifying women objectifies three of them before you even put the disc into the player.
Freezing deconstructs the concept of the Panty Fighter by having the injuries that destroy clothing taken to their logical conclusion. Queen's Blade, for all the scorn it gets, is a surprisingly feminist show underneath all the fanservice. Master of Martial Hearts has nothing to balance itself on except its naked scorn for the people who'd buy it, and even then it panders to that crowd while trying to insult them. Mean-spirited and meaningless.