I've always loved L5R, having purchased the last two editions; I purchased this out of curiosity with a negative 'Another edition comment' at the fore of my mind. I hadn't really like third editions look and feel, and was expecting similar.
However, I was amazed at the quality of both the layout beauty of the book, it is easily one of the best looking rpgs I've ever had the joy to read. If anything it is perhaps a little too pretty as it is slightly distracting reading through the rules.
Having brought the pdf I was so impressed, I went on to purchase the dead tree version, and the subsequent rule books.
Be warned the approach to building characters has changed, the books acting as more of a toolkit than a blow by blow instruction list, which both allows for more character variation and better development.
[5 of 5 Stars!]