For better or for worse, I find myself often struggling to connect with the literature of Greek and Roman antiquity. Perhaps the fault is a lack of knowledge sufficient to connect me to that world (though I think I am decently versed in the era for a layperson). Perhaps I cannot suspend my experience and live in a world where the text's innovations have long been adapted and deployed by millennia of writers of varying quality. Perhaps it's just not my cup of tea. And perhaps such books as these give more intellectual than visceral pleasure. I think that maybe all of these reasons hold some water. Whatever the explanation, though, my overall thought is that this book was somewhat interesting to read, sporadically rewarding, good to have read, but also totally skippable.
I'm in no position to judge the translation -- or for that matter to hold forth on the differences between Latin and English as poetic media. I do suspect that poets writing in Latin, a heavily cased language lacking in word order requirements, probably derive great effect from the arrangement of words, something which a translator working in English cannot replicate. Latin is also quite pregnant, saying in a words what requires many in English. Yet it is also not as rich as English in it's lexicon. As a result, I often find Latin poetry to come off as a bit stilted and workaday. Verses such as "Fixed constellations guide the swaying boats that search / for profit through the waters ruled by wind" can feel a bit like mad-libs.
As a side note, frequent references to the pantheon, encountered for the first time since I embarked on graduate study of religion, became a pet interest in reading this book. I think that Roman (/Greek) gods have become somewhat secularized for us -- in that we (or I at least) often associate them more with a kind of folkloric culture, a founding mythos, than with the protestant-inflected conception of religion that has predominated in the West since the Enlightenment. W.C. Smith's "The Meaning and End of Religion" has great discussions of what religion meant throughout the eras of Rome, but the gist is that this protestant idea of religion does not map onto their conceptions very well (shocker). Anyway, I enjoyed thinking about such things when reading, but on the whole I was very underwhelmed by Tibullus and his Elegies, but maybe that's just my shortcoming. Whatever the case, three stars for adequacy.