Capital vol. 1is all its cracked up to be, and more. Its a remarkable, rich, work that is much more complex then the reductivist Marxist schema you may have encountered as an undergrad. I am on my lunch break now, so I will post more about its complexity and contemporary relevance later. Until then I encourage everyone to watch noted Marxian scholar David Harvey's lectures on Capital and check out the rough theory blog. Both offer brilliant close readings from different perspectives demonstrating the full range of Marx's genius.