Rose Red (94-98). The Rose Red story is a little uncomfortable because the first issue (94) is such a tight continuation of the previous arc. However, once we get into the Rose Red backstory (95-97), it takes a turn toward greatness. The history of Rose and Snow was long-awaited and is a really fun mishmash of different fairy tales. In turn, when we get back to the modern day (97-98) we also get a real nice turn around, after what seems like some wheel-spinning since the start of the "Witches" arc. It's especially nice to see Rose return to her strengths (although it makes the last story arc of Fables, several years down the road, seem even more like character assassination in comparison) [8+/10] 
 The Duel (99-100). A wonderful setup for the big duel and some good closure ... until the whole thing anticlimaxes. In the end it feels like a big cheat, like Willingham wanted to have something major for the 100th issue, but wasn't willing to let go of Mr. Dark yet. Still, at least we get a big change in the status quo, so this arc isn't a total waste [5+/10]. 
 Overall, this volume has some definite plotting issues, like Willingham doesn't exactly know how to advance the Mr. Dark arc ... but it's still interesting and fun and has some great Rose moments.