What they got right: Having revolving writers on this project I think helps keep each Phantom "sounding" different from each other. We learn a lot about his days with William Shakespeare (a name I seem to be writing more in the past few months I've had a blog than I have my whole life), and his history seems to be intact. (I do find it interesting that among the third Phantom's roles have been Juliet and an urchin girl, but they didn't use female actors in those days.) I especially love Stribling's Rosamunda (what a name). She's drawn beautiful, yet with a fire worth of a Phantom's wife. See, this style is where painted artwork works, because it's illustrated prose, not a comic. We also get the origin of the Phantom's "street" guise of hat and long coat.
What they got wrong: There are times where a little too much time is spent remembering his theater time, and reminding us that the Phantom is a family legacy. (A simple "for those who came in late" strip like the main title would be a better idea.)
Recommendation: A good choice for any Phantom fan. A good read all the way through.