This hefty and rather expensive commentary on the Gospel of Matthew definitely has its merits, but it also manifests some of the same shortcomings one finds in other modern commentaries on the First Gospel.
On the positive side, the reader will note immediately that Nolland's treatment of the Greek text is indeed thorough and masterful. His book is an up-to-date resource that takes into account all the textual and lexical study that has enriched our understanding of Matthew over the past 75 years. Furthermore, because Nolland pays close attention to the sequence of thought within the gospel, a reader seeking to understand how a particular passage relates to its wider context will find this commentary very helpful.
A conservative or traditionalist reader, however, will be disappointed with this book on two counts. First, Nolland's assumption of Markan priority among the Gospels -- and of Matthew's literary dependence on Mark -- sometimes mars his exegesis of certain pericopes. The reader thus finds himself working through explanations of how Matthew altered Mark's account by rearranging material and drawing on additional sources to enrich his own telling of the story. For a preacher concerned with presenting Matthew's Gospel on its own terms, this kind of discussion is less than helpful. Second, Nolland sometimes leaves one with the impression that Matthew's depiction of Christ is perhaps more theologically instructive than historically accurate. Does the evangelist show us the "real" Jesus, or merely a "theologized" figure of his own creation? In both these respects, Nolland's book is, unfortunately, very much like the already numerous commentaries that apply the usual methods of source/redaction criticism to the First Gospel.
Anyone interested in building a collection of erudite and reliable commentaries on the Greek text of Matthew should consider buying this volume. Others -- and especially more traditional/conservative readers -- will be happier with the most recent works on Matthew by R. T. France (Eerdmans, 2007) and Jeffrey A. Gibbs (Concordia, 2007).