First off, I have to say that THIS book is the one that started me into miniature collecting and painting. Even before lead miniatures were available in my city, this book comes chock full of designs and ideas that will help you to sculpt your own figurines.This book contains a section regarding the nature of games (boardgames, wargames and roleplay) wich is insightful and inspiring. The middle chapters deal with the creative process of figure production, from concept-art sketches to the actual sculpting of a full range of minis.
Last, but not least, comes the chapters devoted to assembly, painting and displaying your collection. Especially, I found the painting section to be the most useful, with useful color-charts and diagrams.
There are lots of photographs, mostly from the Citadel range of miniatures circa 1985 as well as color illustrations from masters like John Blanche. Be sure to check out the last page, for it contains color designs for banners an standards.