This compilation, like Volume 1, was put together very well with great side notes, an intro from Alan and other extras. They still give you the strips as they were originally drawn, but this was evidentally the point in time when they started to color the strips for Deadline.
Now, let's talk about the downsides of this book. The only complaints about it are really the content of the strip more than anything. This particular compilation seems to house the years of the series when Alan and Jamie were really experimenting as writers and artists, respectively, but also doing much of said experimenting alongside of narcotic experimentation. It references certain authors and movies these guys evidently thought were people to be worshipped (Jack Kerouac's work seems to be the big one), all the while luring the artwork in and out of a psychadelic montage. In fact, most of the book seemed like one big, horny acid trip to me. It started to get a little out of control around the middle. But as I said, earlier: This isn't so much a problem with the compilation so much as it is with the series. So, if you don't like the idea of Tank girl drifting away from the romping through the Outback and into psychological/psychosexual belches followed by 1950s "clean" time, followed by a big psychadelic mess and finally touched off with poverty in the snow jokes, you'd probably just be better off with Volume 1 and only volume 1 (of course, Volume 3 is still on the waiting time...).