I tried really hard to finish this book, but ultimately I decided that it just wasn't worth it.
Michael Swanwick himself seems like a pretty proficient writer, almost everything he tried to do with this story just rubbed me the wrong way. Here are some of my biggest complaints:
The World:
In this book, Swanwick tried his best to take the ritual incantations, true names, and elven/dwarven races of high "Dungeons and Dragons" style fantasy and mash it into an industrialized and bureaucratic modern/sci-fi world. He probably wanted to take the two systems (magic and science), which seemed so different from one another, and have them dance together in an elegant give-and-take, with each complimenting the other. It was a valiant effort, but it failed. Instead of beautifully dancing together, the magic and science in this world just ended up stepping on each others' feet, colliding with the other dancers, and ultimately tumbling out a window. The magic system was never really explained, so as a result, it had no rules, felt no limitations, and made no sense. All magic ended up being was one "Deus ex Machina" moment after another. Swanwick tried to counteract this by throwing in random science buzzwords like Brownian motion, but they were so incorrectly used and out of place that they just left me thinking that Swanwick didn't know what he was talking about, completely extracting me from the story itself.
The Love Story:
I've mentioned already that Swanwick seems like a capable writer. However, as soon as the love story comes up, any writing skill he seems to have goes completely out the window. As soon as the main character first meets his love interest, the dialogue quality drops farther and faster than I thought possible. Whenever our protagonist is in the same room as his love interest, they make Star Wars: Attack of the Clones sound like Pride and Prejudice. Their story is so ridiculous and their dialogue is so cheesy that I wished the love interest would be randomly killed after only a couple pages of her being introduced--just so that the protagonist would stop talking about how much he loved her.
The Mature Content:
I am no stranger to mature content in stories. Sex, graphic violence, incest, rape, etc. are actually very common in good literature. They normally make me feel uncomfortable while I'm reading a story, but they normally serve a very important purpose. For example, the sex "scene" in 1984 lent much more significance to the story and represented so much more than just the act itself. The sex, language, groping, masturbation, etc. in this book, on the other hand, seemed like they were nothing more than the subject of a prepubescent boy's sexual fantasies. There was no SIGNIFICANCE behind the content. It was sex for the sake of sex--worse, it was fake, ridiculous, cartoonish sex written for its own sake.
Tl;dr
I suggest you skip this one. There are plenty of other books you could be reading that aren't this one.