If you are new to knife making and want to make your first knife you are better off buying either the $50 Knife Shop by Wayne Goddard or Custom Knifemaking - 10 Projects from a master craftsman by Tim McCreight (both of which I own) or, if you can get an edition with clear photos How to Make Knives by Richard Barney and Bob Loveless.
If you have some experience you will find some useful tips that may help you.
In 6 of the 7 sections of Blades Guide the editor has assumed a fairly high degree of knowledge, skill and expensive equipment for the projects that it overviews. I say overviews as I do not think a novice could use any of the sections except one (and I will come to that one later) as a manual to successfully complete the projects descibed. The projects are the construction of a tactical folder, the construction of a simple hunting knife, creation of pattern welded damascus, elementary sword smithing, installation of fancy screw fixed bolsters, forging a damascus tomahawk and blade grinding on a belt grinder.
While the sections are well illustrated with colour photos and the text is easy to follow, the only section that a novice could use is Wayne Goddard's section on the creation of a simple hunting knife and even then large bits of this text and photos are lifted straight from the $50 Knife Shop. The book does not have any real commentary on knife format and design, steel descriptions, classification and choosing the best steel for the job or sheathmaking or sharpening.