I read this voraciously when I was a teen, but rereading it now, I'm less enamored. What I liked about it originally was how the supernatural was interwoven with the everyday: the locked cellar door or garden gate might be a portal to hell; the bedroom mirror might be a source of enchantment.
Rereading it as an adult, though, the book feels problematic on several levels. Each tale is told three times: once in a brief, spoilery summary for no reason in the introduction, once in the book itself, in better prose, and then a third recap with annotations and commentary in the notes section--I think the book would have been stronger with little or no introduction. I would also have loved some clearer arrangement of stories: Hungarian tales from one century are interspersed with Tunisian stories from another. It would have been interesting to see stories from the same region and era together and see patterns, get a sense of the fears and tensions of each distinct culture. It feels like a missed opportunity.
In terms of content, most of the stories chosen focus on men's strengths and flaws, with women mainly present as victims and temptresses, with very few exceptions. My sense that this was Schwartz's choice rather than purely an issue of source material is strengthened by the illustrations, which mainly feature men bundled in traditional coats and furs confronting naked women. It makes me wonder what fascinating women's tales were left out of this eclectic collection.