Unfortunately, right now I can't recommend it, since as you can see it sort of lacks a certain something, that being Linda Medley's name on the cover. In fact, her name only appears in the copyright notice and a sticker on the backcover. The only information I can find on that on-line is here, where the omission is just noted as being at Medley's request. I probably wouldn't have bought it if I had heard about that first, unless Medley said publicly that she was okay with it. Unfortunately, her own website vanished quite a while ago.
The other thing the book lacks is an ending, as the 15 published issues don't complete the story begun in #1. I'd say that it was at least two, maybe more, issues from a conclusion. Hopefully in the near future we'll get some news on when and where Medley will continue the story (presumably not from the same publisher), but I can't really recommend the book if there's the possibility that it'll be re-released in a proper edition with the full story. I mean, I've already bought it all twice (three times in the case of the first two chapters), and I'd probably buy it a fourth if need be, but that's just me.
But as I said, on the merits of the work, this is a great book, as good as comics get. Medley continues her exploration of the denizens of Castle Waiting, characters from fairy tales and folklore living their lives after the famous adventures are over. Medley continues with her rather unique structure, where she has a leisurely pace for the main story but a very dense narrative overall as she explores the pasts of the characters. And of course her art is beautiful, full of great character designs, body language, facial expressions and some of the best renderings of architecture in comics since Gerhard at his peak.
Anyway, a great book despite the misgivings above. Hopefully we'll get some news about the future of the series and I can clarify if I actually recommend the book or not. Until then, see if your local library gets this, and the first book.
(2012 update, see here for news on the long-delayed continuation of the story, which will eventually lead to an updated VOLUME 2 book)