This is essentially a republication of an oldy but a goody, with a slightly different format.  The re-telling of the classic folk tale is well-done, and the illustrations are inviting (okay, maybe that’s just because this is the version I fondly remember from my own childhood), so if you don’t already have the older one, this would be worth getting, but I can’t say the new format enhances the story at all.  In fact, I would probably say this smaller version cuts down the illustrations too much.  If you have or can find the older, larger edition, I’d stick with that.