If you're looking for new player character races, this is an excellent book. The races are well described and thought out, and the details are easily adaptable to individual campaigns.
The artwork is also very good, enhancing the descriptions in the text (assuming you don't mind B&W line drawings, which I certainly don't). Kudos to the artist, especially for the dwelf, dweoven, elome, and thang-agar.
Unfortunately, there is a down side: the editing is really quite poor, leaving the book riddled with layout errors. For example, the page references in the Contents are wrong, one paragraph in the Prestige Class chapter is missing and replaced by one for another class, sections on a table that should be italicised aren't, and every now and then pictures cover up text, so that sentences just end for no obvious
I'd rate this as a 5 if the editing was up to scratch. But it isn't, so I won't...
[4 of 5 Stars!]