Jan 24, 12
As with any anthology, there are good parts and bad parts, but I like the idea of a collection like this. Unfortunately, I didn't have the time to read the whole thing so I cherry-picked some authors and stories that I really wanted to read. Unfortunately, two of the stories by authors I enjoy (Susanna Clarke and Neil Gaiman) were previously published, which means I'd already read them.
But I did read a really interesting re-telling of Little Red Riding Hood set in the 1920s ("And In Their Glad Rags" by Genevieve Valentine), and Kelly Link's story about a magical bag in which an entire village lives was exceedingly awesome.
So there you go. Lovers of fairy tales (or faery...or tails I suppose) should find something to love here.