I didn't like the story and the erotic stuff was too vanilla for my taste. Moore played with the themes of some children stories and made them into a symbolic story about women's sexuality. It was interesting for a few pages but then you could predict what's going to happen next. Including a political background into the story wasn't a very good idea and it couldn't actually save the book from being so boring.
The artwork was impressive though, and In the third book, I skipped most of the narrations and just looked at the paintings.