I know it's taught in a lot of schools and want to know if it's worth all the attention.
You will probably appreciate our mod /u/anthropology_nerd 's extensive posts about the American conquest narrative Diamond constructs.
The book's been written about several times around here, so I'll add another angle I haven't seen brought up: Diamond's research process is entirely unprofessional and unscientific.
Jared Diamond is not a historian, nor an archaeologist, nor even an anthropologist. He is a geographer, and with that comes a broad mindset. What he sets out to do in GG&S is not something anyone can do in a single book, let alone someone outside of the field who plans on writing more than one book in their lifetime. If you read a 20-page scholarly article about New World archaeology, you'll find that perhaps only the last one or two pages contain the interpretation and synthesis of the data, the "here's what this means/ so what?" conclusion. GG&S turns such a section into an entire book. A more professional investigation might go as such:
The inspiration behind GG&S that Diamond writes in his into is as follows:
The entire research process is completely flipped from more reliable studies. It seeks facts to explain a theory, not a theory to explain observed facts. It's constructing a historical narrative and filling it in with the facts that you find, not arranging the facts in a narrative. Diamond's process hinges on the veracity of his initial assumption, which he does not seek to prove. Thankfully, his assumption is a falsifiable hypothesis, and you can see some falsifying being done in the /r/badhistory threads I linked to.
With his initial assumption gone, what remains to draw his historical anecdotes together? Nothing. The only thing connecting the information Diamond presents is that it supports his thesis.
Let's take a look at these two research processes in action.
The Diamond Method
The Actual Research Method
As you can see, there is no way to get any other answer than the one you started with when using Diamond's method, assuming your assumption is broad enough. Diamond literally has the entire history of human occupation of every continent to draw evidence from; of course he can manage to support a thesis. It doesn't even matter whether his facts are right (he's pretty hit or miss), the research process he so boldly describes is not worth teaching in a classroom.
The answer you will get here is "none".
Diamond takes a totally different approach than anthropologists / historians. Part of the reason it is taught in schools is that it makes you look at things from this different perspective.
Diamond's main argument is that the environment is essential in pushing the cultures that live there along certain paths. Historians accuse him of cherry-picking facts or not allowing for individual human agency.
They are critical of it. Here is a past AskHistorians post about it.
http://www.reddit.com/r/AskHistorians/comments/2mkcc3/how_do_modern_historians_and_history/
hi.. just spotted this post, and am surprised to find that, while the FAQ section on this book was mentioned, no-one linked to it