I am in firm belief that Valvrave knows how off the walls insane it is. There's no way they tried to do this seriously and made it this insane on accident.
That's one of the very aforementioned discussions I remember, it at times hints to being self-aware and at other instances feels as though it's some odd amalgam of Sunrise's less than likable tendencies, somewhat recent habits, and the like (and by that I mean what has been causing all of their recent -original- works to have serious faults, namely what caused 00s deteriorating quality). Even then, knowing what you want to be doesn't necessarily mean that what that is will result in something objectively good (if you like it that's fine, objective vs. preferential, etc.). Though in Valvrave's case it at times, well actually, for the great majority of it is surprisingly unfocused and consists of plot twists so absurd you wonder if it is attempting to be over the top like TTGL (which I have yet to watch, so in my case I'd draw an analogy to GRA or something of that sort) or if its using it as an excuse to avoid the fact of how flawed and unfocused it is, in addition to just throwing in another mecha fight sequence.
It also rehashes quite a bit from Sunrise's past executions as well, again instilling the thought of being self-aware, though it's far from the first time Sunrise has done this. Not to mention, most of what it reuses is lesser in quality than their counterparts; it results in what is overall a blatantly generic mecha anime. It also has an abundance of cliches, like the militaristic menace for example, or the abundance of overused tropes within its characters, which continued to confuse viewers; but in any case, a pack of cliches that was intentional, is still a pack of cliches, especially if you fail to establish any sort of parodying nature, like Nadesico did for example (which is why it's a fairly memorable parody and self-aware plot that slowly becomes what it's parodying in a manner of homages, allusions, and the like to the more classic mecha animes).
In addition to that, you have misleading segments, wasted drama, missed potential, being overly dramatic when the cause is far too thin, heavily contrived elements, characters it doesn't know what to do with, barrages of twists (Jirui wa Suitai Shimashita has a very good segment about that sort of aspect) that flow poorly (which is one of many aspects that were unintentionally hilarious), and ironically the actual intended humor, jokes, and the like weren't very funny at all.
I'll stop myself there, before I type far too much to keep anyone even remotely interested.