I'm not surprised few people have seen this film, but I am surprised by the low score. Well, maybe I'm not.
You undoubtedly will not appreciate this film unless you have been to a British university. It perfectly captures the awkwardness and general stupidity of life as a "fresher" (that's "freshman" to you yanks). The first three questions you always get asked, the crap parties, the bizarre conversation and general lack of work all make this film absolutely spot on. It shows in a rather un-nostalgic kind of way what life as a fresher was like - crap, in a good and fun kind of way.
It's completely unlike any US college film like Animal House or Revenge of the Nerds, more dramatic, and more true to life. I definitely recommend seeing this film.