Having muddled my way through about 6 years as a hobbyist woodworker, I wish I would have found this book first. It provides excellent instruction on basic woodworking techniques, but it also unashamedly recommends the surprisingly few, but high quality tools one needs to produce beautiful furniture. Had I read this book first, literally hundreds of dollars in unnecessary or substandard tools wouldn't be cluttering up my shop today!
Additionally, this book will teach you how to hand and machine cut several woodworking joints using step-by-step narrative and clear, color illustrations. Not only will the book serve the beginning woodworker, but will challenge the more experienced craftsperson to take his or her work to the next level.
I just had the pleasure of taking Peter Korn's class at his school in Maine, and was surprised at how closely it follows this text. While no book can substitute for the interactivity of a two week course, actually going through the process of completing each one of the projects in this book will be time and resources well spent. Even experienced woodworkers would not be wasting their time in going back to the basics and perfecting their techniques and execution.
I highly recommend this book.