As an actionscript (AS) developer making the transition from 2.0 to 3.0, I feel really let down by this book. At ~140 pages it is more like a pamphlet than a programming book and is quite expensive for the amount of content it contains.
On a positive note, the book is intelligently organized by topics (Event models, scope, timing, text, sound, etc..) and provides both AS2 and AS3 code back to back to allow for comparisons. The code is listed in color and includes little break out notes and explanations that are quite handy. I imagine that the direct AS2/AS3 comparisons may come in handy from time to time.
Not all code examples will run on your computer unless you do some work on your own such as drawing and placing objects into your project, though this book targeting 'beginning/intermediate' users does not explain how to do this. Also, program output is not included in the book.
An additional problem is that the code in the book is often a bit confusing and lengthy. The confusing parts are often not germane to the subject being demonstrated.
The book does do a good job of explaining some of the benefits of using AS3 over the previous version. It also appears to be well proofed. Despite this, the terse commentary and not quite optimal code lead me to believe that this migration guide was assembled hurriedly.
Finally, I recommend going directly to the Actionscript help file on your computer or a good Actionscript 3.0 book such as Foundation ActionScript 3.0 with Flash CS3 and Flex (Foundation) or ActionScript 3.0 Cookbook: Solutions for Flash Platform and Flex Application Developers.