This is the foundational understanding that everyone should know before studying the Bible. Although it is written in an easy to understand style it is still full of very valuable information. For example, people often ask why there are so many different translations of the Bible. The authors do an excellent job of showing the complications and difficulties of translating and how different versions of a verse could each be just as viable as an accurate translation.
The authors also deal with the problems of interpretation, exegesis, historical and cultural context and literary conventions of the time. They look at the narrative style of the Old Testament and its function as well as Acts, the various parables, prophets, psalms, wisdom literature, and the revelation. You may not agree with every aspect of their treatment of the various books and literary styles, but this is the best treatment of the problems of translation and interpretation that I have come across to date. "How to Read the Bible for All Its Worth" is highly recommend for anyone interested in Bible translation or interpretation.