I'v read the book (missing a few of the last pages). The boook definetly have som useful information. Especially about setup, placing speakers at different positions and some decent and brief info on acoustic treatment. Unfortunately, there is in my opinion also loads of snake oil and vodoo. He talks about the importance of turning on the equipment in the right sequence to avoid pollution, cables, cable risers, demagnetizing CDs. He's not spending much time on several of these topics, but he doesn't disregarg them an unimportant.
It's a little hard to understand why he is holding on to stupity when he clearly has a very good understanding in many areas. It brings the thought that he is simply avoiding to confront certain topics to not offend potential readers. That's just my thought however. Look here on some clipped out material Jim Smith says about computer and sound:
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