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The first one is intended for the uninitiated who wants to get an introduction to chaos and fractals; the way Schroeder guides you into the chaotic phenomenae that occur everywhere around us is clear, elegant and funny. He plays with chaos and makes the reader part of this game.
The second way to read this book includes a warning for scholars: This is not a textbook! The mathematical background used to explain this game is strong. Shcroeder lets the committed reader to work with the maths by himself, so you must have paper, pencil, and computer near to you in order to enjoy the book's whole potential, in this case Shcroeder has all the experience and knowledge on the matter to guide you through "this infinte paradise" in a very firm way.
The only thing I'd wish from this book was a new hardcover edition, I've read it so many times that my copy is getting very spoiled.
If you are still interested after reading this book, but you want a little help with your maths then I'd recommend "Chaos Theory Tamed" by Garnett P. Williams. It will do the trick. However if you just want to fall in love with chaos without complications, then you should read "Chaos: The Making of a New Science" by James Gleick.
Schroeder starst out with some simple, intuitive examples of curves and regions that do not scale to integral proportions, and from thse he develops and introduces the notion of the Hausdorf dimension of a curve. From there he introduces new concepts graphically- like Koch snowflakes and the Serpienski gasket- by first constructing them and then doing the analysis, introducing new concepts as needed to advance the illustration.
Often Schroeder starts with very non-geometric illustrations; his section on power laws begins with a discussion of language and word frequency, and from there he introduces Zipf's law, and then generalizes to characteristics of power law distributions in general- but not before treating the reading to a fascinating discourse on cognates and false cognates between languages- which he manages to weave into a discussion of self-similarity. Brilliant!
"Fractals, Chaos, Power Laws" could easily be used for a University-level introduction to fractal math, for graduate students or advanced undergrads- yet it's still readable enough to be a find introduction and entertainment to the reader with only a basic background in algebra and perhaps some calculus. The casual reader might not follow all the mathmatical arguments, but he or she could still glean much from this book. Highly recommended for the mathematically inclined looking for education or entertainment.