As a long-time Earthdawn GM, I had been looking forward to the release of Travar as that city had only been minimally covered in previous sourcebooks and scenarios. After reading this sourcebook, I believe I have a good grasp of what Travar (the city) is all about. Overall, I thought the book was very helpful content-wise and in most respects covered what I expected. I will confess that I didn't really care for a lot of the pre-scourge history of Travar and probably wouldn't use it in my campaign, but otherwise was pleased with the content.
Conversely, the presentation left a lot to be desired. This book was poorly edited. Paragraphs jump from past tense to present tense or vice versa frequently. In at least one place, material was left out (at a page change, so this could have been what would have been called a type setting issue in the old days). I found the grammatical issues troubling as I often had to re-read paragraphs to try to understand the text.
I would suggest that FASA not rely on spell and grammar checkers and invest in a good editor.
To summarize, the content is good, presentation not so good. I would give a 3.5 rating if possible, but since it is not, I rounded up. But then I am a die-hard Earthdawn fan.