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I have been a massive fan of this series since I picked up the first volume in a charity shop as something to read on a train journey. This volume does not disappoint and sets up the series for an excellent conclusion.
Up to this point the series has presented a lot of questions with very few answers. This volume provides many of those answers. I can understand why people have an issue with volume being very exposition heavy and doesn't move the primary story along very much. However, the exposition is laid out so well and with such care by Joe Hill that I felt pulled in by the information. This is helped by the fact that the information is being laid out to Tyler and Kinsey as they actually see the events. This is how exposition should be given in a visual medium.
The second half of the volume focuses on the events in 1988 that end with Dodge becoming the evil character of the primary story. This section is the end of a story and hints are given to the other adventures that have happened and how they found the keys etc. As I read this I couldn't help but get a feeling of the groups of young characters that Joe Hill's dad, Stephen King, has used in many of his earlier novels such as IT. This is not a bad thing; I would have happily read more of this and would even enjoy a limited series focusing on this time period.
The story is supported by the, as always, wonderful art of Gabriel Rodriguez. The line work is clean and open, expressing emotion and tone with the lightest touches. The splash pages are a wonder to behold that should be studied to enjoy the amazing level of detail. Also, at no point are any of the panels confused or unclear, each character and location is distinct and unique. I would love to own some of the original art pages for this series.
Overall, I would recommend this whole series, go back and start at the beginning. Welcome to Lovecraft, once your here you won't want to leave.