Here's the link to his review, though it's now over 10 years old:
http://www.amazon.com/review/R3GSYXSKRU8V17
He has several reviews and booklists on Amazon, both of which I've found to be infinitely helpful.
I am going through it again now that I've brushed up a bit on some of the math, and in anticipation of the upcoming Stanford course on NLP (http://www.nlp-class.org/), which is being taught by one of the authors.
I think that the material is still fairly relevant, especially in that it is a 'foundation' of Statistical NLP, and especially for someone relatively new to the material (like me). That said, if you take a look at the link to the course, the professors recommend a few different texts:
"The best textbook for the class is Jurafsky and Martin, Speech and Language Processing 2nd Edition (http://www.cs.colorado.edu/~martin/slp.html), complemented by chapters from Manning, Schütze and Raghavan 2008 (http://nlp.stanford.edu/IR-book/); other useful, good books include Manning and Schütze 1999, and Bird, Klein and Loper 2009."
I'd be interested to hear others thoughts on this as well.