The illustrations certainly are striking (if sometimes a bit puzzling, as to their links to the stories).  If you’ve got a large folktale collection and want a variety of editions for comparison’s sake, this one could be a nice addition.  If however you are limited in how many fable volumes you can have, I think I would recommend looking elsewhere.  This volume does contain some of the classics, such as The Tortoise and Hare and The Lion and the Mouse, but several of the selections are a bit obscure.  One of the defining characteristics of a fable is that they typically include a moral or a lesson they are trying to impart, but several of these left me wondering just what the point was supposed to be.