Here's a very well written book with much historical context and literary background but never losing sight of the magical paintings. As in "The Pre-Raphaelites," Wood gives us many detailed descriptions of the paintings, some with entertaining phrasing or references. It's quite rewarding to first view the paintings on your own, and then read Wood's descriptions to discover things you've missed. Fittingly, Wood does not shy away from the sex, drugs, and general weirdness that are big appeals of the fairy subgenre.
While I love this book, I must admit that it's not as well assembled and printed as the Pre-Raphaelite volume (which I realize was published two decades earlier). The captions in this fairy volume rarely mention the years or the locations of the paintings. This information is usually available elsewhere, but it would have been nice to have it within easier reach.
Next, a few paintings are described enticingly but not reproduced, such as Fitzgerald's "The Nightmare" (which you'll have to seek online). Third, because so many of these paintings are so fantastically intricate, additional detail views would have been appropriate. Even masterpieces like Dadd's "Fairy Feller" get only a couple of details each. Some of the book's detail views could have been larger, too.
But, we can't have everything, it's true, and we sure get an awful lot with "Fairies in Victorian Art."