My sister bought this book for my kids online. On the whole - the characterizations, the illustrations - everything struck the wrong note with me. I didn't like it all.
Aug 5th 2010.
Based on comments, I am qualifying my post with specifics:
First the author's background confirms my doubts. With an educational background in animation, it seems like he started with the illustrations and then added the text. His religious education is mostly informal, initiated by an interest in drawing gods and finding 'entertainment' in their exploits. Nothing against the author, but it sheds light on why it lacks reverence and why it won't help teaching religion or the spiritual side of Hinduism to children.
The 'funny' tone is not definitely funny to me, a hindu, who has had her share of laughs based on the gods. Some of the jokes are outsider jokes not insider - if you see what I mean. Some are downright repugnant - I don't want to repeat them - if you have read the book, I don't think you will have a hard time finding any of those.
I think the book confuses the lay reader on Hinduism more than educating him. It could've at least used a basic 1-2 page introduction of devas (gods), God, main philosophies/views ( trimurti concept/Shaivism/Vaishnavism etc) before delving in.
I would not like my children to identify reverential figures with the illustrations from the book.
Some stories, such as the one of Bhairava, I had never heard before. I did a quick look on wikipedia and the story is not even mentioned in his page. The 'Animal gods' section, where I expected the most irreverence, surprised me - It was educative. I did find some pages that are well written (such as 'Krishna'), but also some that miss important elements completely (such as Narasimha, it skipped Prahlada's devotion).
If you are a Hindu, looking to introduce your child to Hinduism, your best bet would be Nishita Chaitanya's books ('Krishna rocks' is her best one yet). You can find them on the Chinmaya mission website for a fraction of the amazon price. Her style, illustrations, and content are all great, in the one page illustration - one page text format for kids.
Hope this helps.