The story is just some random reporter giving us the short version of the Hulk's early years. That's it. The art is terrible and the story is pointless. The reprint, Incredible Hulk Annual #7, is a fun story about Iceman, Angel and the Hulk. Yeah, it's more of an X-Men story than a Hulk story, but it's good fun and good art.
If you need a copy of Incredible Hulk Annual #7, then I guess it's worth buying.