From the reviews:

“The appearance of a well-planned, detailed and up-to-date exposition of a topic in abstract algebraic geometry is good news, and the book by J. Lipman and M. Hashimoto definitely has all the above qualities. … get the book in its current state now than to wait for years until the authors produce a more unified presentation. To conclude, the book by Joseph Lipman and Mitsuyasu Hashimoto is an important contribution to an important task of explaining the main ideas of abstract algebraic geometry … .” (George Shabat, Bulletin of the London Mathematical Society, March, 2010)