The layout is godawful. There are about a dozen pages of fiction about characters that the players won't care about before the utterly useless Table of Contents for Book 1. All of the rules are in Book 2, which you won't even see reference to until you reach it 100+ pages in. All of this is aggravation is pretty much unavoidable on the first read because there are no bookmarks. And what's the payoff? Slightly homebrewed new World of Darkness, complete with all of the problems that would later be half fixed by God Machine. Not worth the awful layout. Not by a longshot.
[1 of 5 Stars!]