I was greatly entertained by Worf's dealings with his parents. It is fun to see how he reacts like an embarressed highschooler with them around.
We also get to see some of Picard's flaws while with his brother, although it gets quite a bit overly dramatic. My favorite part of this thread is his nephew who he calls 'Uncle'. It's a cute relationship.
I can't imagine this episode being of interest to anyone but a hardcore fan wanting some backstory. The placement is interesting. We go from the epic battle with the Borg and probably some of the best work in the series, to this slow, plodding, uneventful episode. I understand WHY they would make that choice... giving viewers an emotional break.