2nd episode was good, apart from the parts they cut out.
Especially the part where Lucy saved them from falling, that was her one main thing to do and they took that away, making her useless during the escape (apart from being taken). They'll have to change (or take out) what's said in this top panel now: http://www.onemanga.com/Fairy_Tail/4/14/
its kind of weird seeing anime cut ou things in manga, cause they are trying to fit too much in each episode. but so far i've been fine with it. nothing relevant at all has been cut
i don't mind the missing blood or anything yet, wondering if they give Lucy ever fanservice though. i mean mirajane has some pretty cleavage shot magazine pics they show. so its not like they are totally against it.
one thing so far noticed big time though is the ending are all happy and not cliffhanger endings at all. that will have to change sooner or later i would assume.
I mean hell look at one piece beginning, fairy tail is more loyal to its manga than one piece was.