I read this book while living in Paris. From reading other works by Hemingway, I realized that A Moveable Feast isn't as sophisticated as his novels. He writes as if in a stream of thought rather than being descriptive and evoking, so it was disappointing in that respect. Also, the novel, somewhat, lacks flow, but this could be so because of its posthumous publication. This doesn't hamper the ability to understand the novel in anyway, so it's a take it or leave it situation.
The two things that I enjoyed most about A Moveable Feast was its adherence to places and people found in Paris during the twenties and, if you are fascinated by such writers as Gertrude Stein or F. Scott Fitzgerald or just writers in general, this is definitely a key text to learning more about the personalities of these writers...through Hemingway's eyes, of course, but always interested, insightful, and sometimes hilarious in a quirky way. What also impressed me about this book is the personal insight into Hemingway's own life--how he lived, how he felt, what kind of person he was. He describes several scenarios involving his wife and other writers that portray who Hemingway was as a person. Also, since this was written shortly before his suicide, it is possible to see a sort of descent in Hemingway's mood as he closes the novel, which adds a moving and sorrowful end to the novel. Considering these elements, I think A Moveable Feast is definitely worth reading, particularly if one is staying in Paris. (Hemingway mentions the adresses--most of which are still intact in Paris--of other famous writers as well as places, such as the Closerie de Lilas, where he ate, drank, and "shopped.") It can serve as a mini-guidebook for those interested in expatriate writers.