This is a great book but I wouldn't recommend it for beginners. If you're an intermediate to advanced guitarist looking for some serious arpeggio workouts then this is for you. There's very little text and the book gets straight down to business with a whole bunch of arpeggio exercises covering the common chord forms, all in TAB and notation. Most of the exercises aren't contained to just one chord and are designed to be played through a variety of changes, which is a good thing.
There are six fully tabbed etudes that put all of the exercises to work and that's where the true power of this book lies so that you can make some musical sense of it all. In my opinion it's one of the best books on arpeggios for guitarists but you have to be prepared to work through it. The CD contains all the examples but there are no empty practice tracks, which is a slight let down.
Although most of the examples are fairly fast, all of the arpeggio exercises can be played at any speed and still be musically useful. It's also recommended by the author that they be played with strict alternate picking. Of course you don't have to, but this does make them all round more useful for all styles of music at any speed which doesn't restrict you to the swept shred variety that many of these arpeggio books and videos tend to gravitate towards.
Although you could still get through this book with no music theory knowledge, I'm not sure you would get as much benefit from it. Like I said, there's little going on in the way of explanation so some basic music theory knowledge is presumed if you want to make the most of it.
All in all, I highly recommend this book. If you are prepared to put in the effort then you will got a lot out of it.Check out Fluid Soloing for Arpeggios at Amazon.com and Amazon.co.uk