The first rule of Battlestar Galactica: Fight Club is that nobody cares about Battlestar Galactica: Fight Club.
This seemed kind of a disposable episode to me, like the whole black market episode last season. It filled in the gap of what the hell happened to make Apollo and Starbuck so awkward with each other in the season premiere, and it set up what will obviously be a point of emotional conflict in the weeks to come. But there were WAY too many boxing scenes, and the Apollo/Starbuck thing could have been handled as a side story using one third the time.
But hey, a show this great is entitled to a clunker now and then.