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Unknown Binding
UPDATE 2023-05-08: Part 2 recently ended. The story keeps getting better, and while the review below (written about 30 chapters ago) stands as-is, I'm bumping my overall rating from 3 stars to 4.
This serial does many things very well, but unfortunately fails to integrate those things in a way that's consistently good. It effectively teaches Rationality 101 concepts through fiction (and has some good commentary on the sociology of science), but in an overtly didactic way that obstructs the storytelling, and initially makes it feel like the protagonists are only here to serve as soapboxes. It was kinda annoying when HPMoR did that in the first few chapters, and we didn't really need another ratfic doing it, especially when it's retreading much of the same ground.It has a gripping plot, starring Giovanni as the leader of a shadow government rather than a gang with vaguely nefarious intent, but that plot mostly gets developed in the interludes, with the nominal protagonists far away from all the interesting action, which makes for some frustrating pacing.
It does some impressive worldbuilding, fleshing out the skeleton that the handheld games provide (Eld ignores the manga and anime), and imposing some realism and internal consistency. This also creates an uncanny valley sort of effect, where the effort to make things make sense leaves the failures to make sense that much more obvious. Given conditions at the start of the story, there is internal consistency, but it's unclear how those starting conditions could have come to be. The influence of Worm is obvious: Eld's turned legendary Pokemon into Endbringers, more or less, which is an important plot point. The thing is, Earth Bet was a world on the verge of collapse, largely because of the Endbringers, which hadn't been around more than a couple decades, and that made perfect sense. Eld's legendaries are marginally less terrifying, but they're active seasonally, they've been around for ages, and they have the knock-on effect of causing stampedes of pokemon (which can commonly breathe fire, spew toxic gas, cause earthquakes, etc., and which sometimes stampede for other reasons)... and people somehow built up a high-tech, almost utopian society in their presence? This gets even weirder when you consider that there are other nations, some of which also have regularly rampaging kaiju, some of which have no kaiju, and some of which have kaiju that are less belligerent, and they're apparently all at comparable levels of economic development. Also, why does Bill, of all people, choose to live and work in kaiju central?
The good news is that the problems with characterization and plot are much ameliorated in book 2. By the time it starts (around 80 chapters in), the protagonists seem like actual characters, they've almost come into contact with the plot, and the stuff they're doing in the meantime is more interesting. It never quite stops being overtly didactic, but at least it moves on from Rat 101 to more interesting and original choices of subject matter. Where before, Eld would interrupt the plot to spend a whole chapter talking about Bayes's Theorem or psychological biases, now he'll interrupt the plot to spend a whole chapter talking about color theory or therapeutic techniques (which fits - Eld is a therapist). I do recommend it; just be prepared for a very slow burn.