If you love the true Gospel message that it is Jesus and only Jesus that makes us right with God, as opposed to good behavior (which is an understandable but heretic message communicated implicitly or explicitly by far too much of children's Christian literature), this is the story bible for you!
We LOVED the Jesus Storybook Bible by Sally Lloyd-Jones, but after a few years, our kids practically have it memorized. And as our older kids have gotten even older, it became boring to them. The Gospel Story Bible is like the next step up, more advanced in reading level, many more stories from scripture, discussion questions, and similar to the Jesus Storybook Bible, interesting and different artwork, rather than the usual cartoonish and saccharine illustrations you commonly find.
Each story also includes how it relates or points to Jesus, which helps us all (adults included) understand the Bible as one story about God's great love for us, expressed through Jesus's life, death, and resurrection.
We find this the most usable of the story bibles we have encountered for Advent, Christmas, and Easter readings, as the stories are more in-depth and less condensed.
I would say the only "bad" thing I can say is that because each story is simply two facing pages, and therefore only one picture, and no page turns, it doesn't hold younger kids' interest well. Break out the Jesus Storybook Bible for that.