For a subject as painful to learn as Classical Mechanics, this book does an decent job trying to teach it. At very least, it's much more accessible than many of the classical texts on the subject, such as "Classical Mechanics" by Goldstein.
The best aspect of this book is that it contains a large number of examples in every chapter. The drawback is that the author normally only sketches outlines for deriving the stated answers, and rarely are the examples fully worked out (disappointing; this breaks away from the model of other Schaum's texts). Nonetheless, I often found it useful to follow solve the author's example by myself, and then try and reconcile my techniques with what's mentioned in the text.
My main problem with the text was I think the author assumed too little mathematical knowledge on part of the reader. I write as an undergraduate, but I think by the time anyone starts learning classical mechanics, he or she probably has a little more math background than what's assumed in the book. For example, I don't think the cross-product is ever used, even when it could have made some explanations simpler. The end result is that often times the text delves into dry, drawn-out explanations that really aren't necessary, and the mathematical notation used is a bit of a mess.
As a side note, the author covers some cool topics that pretty much no one else talks about; for example this book has a really, really good chapter on dissipative forces.
In summary, it's a good book that's well worth its money (it's really cheap for a textbook, so that's a plus), but its not perfect. I might suggests using it conjunction with another text for cross referencing.