Although it does have some good elements (Mashiro's uncle being one of them), in my view Bakuman is neither as well written nor as well drawn as Hikaru No Go - a manga which, in some senses, it seeks to emulate. However, it is certainly better written than either Ral and Grad or the commercially very successful Death Note.
One of the curious things about volume one of Bakuman is that in the first half of the manga the writer shows himself to have quite a highly developed sense of humour, but this quality is almost completely absent from the second half. It is as though the editor stepped in and told him to remove it.