Not bad at all.
An older volume, assembled during the time prior to the translation of Toward a Philosophy of the Act into English.
Includes very useful contributions on the bakhtinian theory of parody, a confrontation between post-structuralism & Bakhtin (including an essay by de Man), and a debate about coerced speech.
Other items include a lengthy introduction by Emerson & Morson, in part summarizing TPA, as well as some writings about Bakhtin's recently-noticed prefaces to a collection of Tolstoy. (The "Tolstoy Prefaces" are in the appendix.) E&M comes out in the introduction as proponents of the thesis that Voloshinov and Medvedev really did write the books on which their signatures appear, incidentally, and engage in a moderate polemic with Holquist & Clark on this issue.
The sections on parody, post-structuralism, and coercion are top-notch--the latter is a fairly heavy-hitting critique of dialogism, relegating it essentially to the same position in which Habermas' ideal speech situation commences.
Usefulness of the volume will be limited for those who haven't read much Dostoevesky and Tolstoy; the coercion section is reliant on an extended reading of Conrad, and the parody section looks at the history of utopian/dystopian writings. So, some knowledge required just to slip through the door on this one.