This book is for beginners only, and there are other books that go farther. However, for its audience, it is very well done, especially if the instructions that came with your knitting machine are minimal and you don't have a good instructor nearby (it goes way beyond the manual that comes with a Silver-Reed LK-150, for example). Everything is illustrated with large clear b&w photos. The copy I looked at was a paperback printed on thin high quality paper, so the book is not bulky, and it is easy on the eyes (the index was on page 171, so I don't know why the listing says the book has 192 pages).
However, this book contains only a fraction of the information in Susan Guagliumi's most excellent book Hand-Manipulated Stitches for Machine Knitters. In comparing the two, it seems like the topics of this book (not counting the projects) correspond pretty closely to just the first 50+ introductory pages of Guagliumi's book, which contains 230 pages of skills and machine knitting stitches, not counting glossary, index, etc. So if you have to pick only one book, go for Hand-Manipulated Stitches instead.
One very thing nice about this book is that it includes a DVD. If you don't have someone to show you in person how to do certain moves or techniques, a dvd can be very helpful. (There is a DVD or video that goes along with Hand-Manipulated Stitches, but you have to track it down separately.)