Elric, Crimson-Eyed Albino, Last Emperor of Melnibon?, Kinslayer (and many more unflattering titles), is still closely bound to his sword, Stormbringer. It being a product of Chaos, much like himself, makes it the perfect weapon against his former Masters.
In this book, the last of the Elric Saga, Elric will at long last learn his Fate. More yet, he will have to blow the Horn of Fate, thrice, before the World can be reborn. But of course, the Lords of Chaos aren't just going to let him destroy everything they own, everything they are.
It's an all out Battle against the Dukes of Hell themselves, and Elric is running out of Allies. The Sourcerer-Albino still has a few tricks up his sleeve, and the Horn of Fate is able to help him rouse the Dragons of Melnibon? from their slumber on the Dragon Isle.
But it will take more than the Mighty Melnibonean Dragons to overcome these forces of Chaos.
While his enemies are numerous and the most powerful forces in all of the Multiverse, Elric is aided by The Servants of Fate. And that is help one cannot overlook.
Of course, that's all I can say, I can't spoil the entire book for you, wouldn't be nice.
Michael Moorcock's characters are somewhat unique. Elric most of all. He is in some ways a typical anti-hero, though so much more. The characters, and particularly Elric, are very well thought out, and as Moorcock would say "They're everything Tolkien's characters aren't".
Moonglum is in many ways (still) the exact opposite of Elric. Though they are both part of a greater being, and serve a common purpose, they are entirely different.
Dyvim Slorm again is completely different. Whereas Elric lacked certain Melnibon?an traits (among other things due his albinism), he is the perfect example of a True Melnibon?an. What that means, you will have see for yourself.
Still, you will have to read the book to get better acquainted with all the characters. Who knows, you might just like some of them .
The only downside to this book is that it is the last one in the Saga. After this there is nothing more for Elric. Once you read the Final Chapter you know that it's time to let go of what is in my opinion the most amazing character in the history of Fantasy! You might just shed a tear, though that's not really a bad thing.
The best part of the book is that despite its being Fantasy, very dark and gloomy Fantasy, you can still relate to it. Of course, you can't relate to going up against the Lords of Chaos, but Elric is a very emotional character in some ways, and that is something everyone can relate to.
I'm not going to lie to you, not many people will like this book. Fantasy is already a somewhat 'despised' genre among many, and Moorcock is possibly one of the more despised writers ever, but that alone is a great proof of his awesome talent.
If you like a very exciting book, of which you know the end will be sad; if you like Moorcock's Multiverse, his Champion Eternal, his struggle for the Balance; then you will love this book. If not, then you won't.
The best 'pro' however is this one: Elric can kick some serious ass with that bad ass sword of his! Go Stormbringer!
To put in the word those silly kids nowadays use "OMFG IT PWNZ!11!!".
Erhm, I mean, yes, the book rocks.
In all seriousness, this is my favourite book in my favourite Saga by my favourite author. Before I read Moorcock's books I thought nothing could get better than The Lord of the Rings, boy, was I wrong.