Verhey’s work is definitely insightful, and offers some interesting perceptions on the ethical purposes of the writers of the New Testament as they write to the respective audiences. However, although Verhey presents his (and his opponent’s) arguments with clarity, there are a couple of sections in this book which assume that the reader has already dipped their toe within these waters enough to have a basic familiarity with the ideas and methods in view.
Having said that, for those who don’t mind something at a slightly deeper level, there’s some great gems here. And personally, Verhey’s discussion on the nature of Scripture (which subsequently determines how we engage with Scripture) within Section C of chapter four (“A Modest Proposal”)—where he applies a Chacheldonian outlook, maintaining that it is both the Word of God and the words of humanity—is worth the price tag alone.