Ayurvedic medicine, in my view, is just a step up from homeopathy, since it actually utilizes "active" ingredients (unlike most of the homeopathic drugs, which are either pure water or sugar), like herbs and various chemicals contained in them. It also focuses on proper diet, which, of course is probably a good idea in any healthy lifestyle.
The first problem with ayurverdic medicine is the fact that it uses
The second issue with ayurvedic treatments is that a lot of them contain dangerous substances, and sometimes, just plain poisons. Since, they are mostly classified as supplements in the U.S., they are not in any way controlled, nor regulated. So, buyer beware!
More on the topic can be found in the Skeptic Dictionary (Ayurvedic medicine) and on the Rational Wiki.
So, the next time, someone attempts to sell you this newest fad, just say no. It'll save you a lot of money, and maybe your health too.