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This was a very hard class and I did not like the way Lucy taught it...While she is very smart and clearly understands the subject, she just can not provide a larger picture for those of us who need context to make the material accessible.
Although everyone told me to take this class, I did not enjoy it. Lucy assigned about 60 pages of reading a night -- but class discussions often focused on "note" cases. She was incredibly difficult to follow and I don't think I ever really grasped the big picture -- in part, because her daily classes are so detail oriented. While it may be worth it to take this class in your second year, I'd absolutely advise doing it as a 3L unless you have boundless amounts of energy and motivation.
Ugh...my head hurts. Lucy is a great professor but this is a REALLY hard class. Take it only if you have to or you enjoy pain.