No, that wouldn't be "bad", that would be "gorgeous".
H color is a very respectable "near colorless" body color, and an SI1 clarity should be eyeclean. A SuperbCert H&A cut is likely to be mind blowing.
SI1 is not bad, VS2 is one grade better. Some people say go "VS2 or better", other people say as long as it's eyeclean there's nothing wrong with an "SI" stone.
AGS is the American Gem Society, which performs diamond certification. Some of the stones they certify fall under the category of H&A, but not all. They do not actually label stones as H&A on their certificates, I believe.
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