I bought this book because Movie Maker 2 is a fairly complex movie editing program, and therefore, not intuitive.
I have to agree with some of the other reviewers that this book contains almost too much material, but for the user who really wants to use Movie Maker to make a near professional product, all the tools are covered.
I am new to the world of digital video and this is the approach I used with this book. Read the first chapter to get an understanding of the nature of digital video, then quickly read the chapters covering collections, the story board, and the time line. Finally, skim the rest of the chapters, to get a general idea of what else you can do with Movie Maker 2. Now go to the 3rd project in the back of the book, on making a video of your vacation, and following the outline there, create your own movie from what ever clips you have in your collection. Refer back to the appropriate sections of the book as necessary. Its only by working with the program that you're ever really going to learn it.
There are two good reasons for buying this book. Number 1 is that it does cover all the features of Movie Maker 2, and number 2 is that friends of Ed will answer your questions. I bought this book about a month ago, and have submitted questions to Ed's website twice. On both occasions I got the answer I needed within 24 hours.
TIP: For those of you with a lot of quicktime and real media clips that you want to edit in Movie Maker 2, you will need quicktime pro ($29.00) and RM Converter v2.21 ($28.45) to convert these movies into a format that you can use with Movie Maker 2.