I'm a well read grad student who's bluntly honest about all things, although I try to be most honest about myself.
This is a fantastic anthology that's based on fairytales told from the point of view of the villains. It's also great for both younger and older readers; I loved it, and got a lot out of it, although I'm older than the targeted audience. Then again, Ellen Datlow is a top-notch editor and garners only the best authors. (I'm honestly only familiar with Terri Windling when she's edited an anthology with Datlow. This fact, the long-standing relationship between the two, and the excellent anthologies they've put out together, does give me a lot of respect for Windling - I'm just less familiar with her in general. I've also met Datlow, but not Windling.)
While the stories range from amazing to superb, there was one flaw - which I took one half-star off due to the slightly uniform way in which the villains revealed themselves to be less evil than they first appear. About mid-way through, I wished for a little more variety in the shade of gray I was being shown.
A little later, three stories in particular - Yolen's, Farmer's and Valente's - were a string of particularly strong shorts. Neil Gaiman's poem didn't work as much for me as most of his work did, which surprised me.
Also, after each story is a one page or less bio of the author, including the reason they chose the villain they did. It was a nice insight as to the choices the authors made.
And if I weren't so tired, I'd write a more complete review. As it is, what I can say is that I highly suggest this anthology.