This book has nothing to do with horror, unless you consider "fights" (for lack of a better way to describe it without going dirty) between a brother and sister. The actual tale revolves around a grandfather explaining how precious and fast time can be, and how it can get away if you are not careful. This is not Mr. King's strongest work, but it is a nice story. Save your money if you just want to read the tale, and get King's "Nightmares and Dreamscapes" short story collection with this story included.
The edition mentioned here is an oversized, slipcased, and decently designed book from Knopf books. This book was originally commissioned for the Whitney Museum in New York as a very overpriced coffee table book.