Just finished The Power that preserves by Stephen Donaldson. First was book was poor, second already a few steps up and slowly started to engage me in the characters and the third stepped up even more. In the end, a moving, if rather flawed book. The flaws are few, but consistent. Covenant got a lot more bearable in this third book though, and Saltheart is a treasure (though at times Donaldson overdoes the flowery dialogue with him). I'd give this book 7.5 out of 10 stars, which isn't bad at all since I rate LoTR 8.5 and that is one of my all-time favorites.
Hard to say if I would recommend the series though. Then again it doesn't seem relevant because everyone seems to pick up this series anyway, aroused by the continious buzz (especially with the Last Chronicles coming out). I don't think I'll read on for a while though, it's been a draining experience. Up next is either Lawhead's Pendragon cycle, Saramago's City of the Blind, a re-read of Erikson's Gardens of the Moon or King's The Gunslinger