This was an interesting read and I'm glad I got through it. But I can't say that I gained anything from it ... like wisdom from fables, or such. I do like the format of the story thread (King Shahryar and Scheherazade) holding the stories together. She tells him a story each night to stay alive. It also has a happy ending. It's interesting how these stories have been passed down through oral history as far back as the 9th century from Indian, Persian, and Arab cultures.
While many of these stories will ring familiar (Aladdin and the magic lamp), this ancient Muslim text lack any real story telling craftsmanship. Many of the stories are erotic, making it unsuitable for children. I would pass this by and read anything by George MacDonald instead.