sort of...
To see the "quality score" go into your campaign, then into the adgroup and on the ad group tool bar there is an option to "customize settings" select that and on the drop down select "Show Quality Score."
Google breaks it down into 3 states
Great: Your keyword is very relevant and your Quality Score needs no improvement.
OK: Your keyword is relevant, but you can still benefit from a higher Quality Score.
Poor: This keyword isn't very relevant to users and we suggest you replace it with a more specific keyword. If you would like to keep advertising with this keyword, we recommend optimizing by using more targeted ad text and improving your landing page content.
Not sure how many of you use Adwords, but my day revolves around it so its pretty cool when they open a new thing like this up.