I've read everything King has written (including some as yet unreleased stuff - benefit of having a friend from Bangor), and I didn't care for Fairy Tale, mostly because I felt it had an extra 200 pages of fluff that was unnecessary and REALLY slowed the book down - King needs someone to edit him sometimes.

I'm reminded of The Stand, which I read both as the original release and as the release with (as I recall) roughly 350 pages put back in that King hadn't wanted taken out in the original publication. Of those 350, perhaps 50 were quality stuff - the rest deserved the cutting room floor.