As a visual design effort, it's a success. It's gorgeous. It's interactive, designed to be posted on a website and support parent and teacher dialog. The example design is a high school report card. Each subject has its own tab and includes six-week grading period averages, a pie chart displaying the elements that went into the average, and a day-by-day log of graded work displayed as bars with roll-over explanations.
Unfortunately, what has been designed into this lovely display is the traditional report card, with single grades for each subject that mix measures of a student's current status on intended standards with measures of practice (like homework) and participation. None of the current best thinking about effective grading practices summarized in the November issue of Educational Leadership has been followed."