I re-read this book about a month ago - just before the first thread went up - and have read it several times before. There are some loose ends, and there are a number of things that fall to pieces on close examination, but these are largely dealt with very well in the "Second Foundation Trilogy" (an authorised posthumous continuation of the saga written by Benford, Bear and Brin).
Overall, it's clear how far apart the writing of this was in time from the other books, and how (in common with Heinlein) the subject of sex and sexuality arrives which it never had before.
I find it interesting how much the universe of foundation is incredibly sexist - much more so in the original books, naturally, but still in this one to a large level.
I like the story though, even if the use of Demerzel to tie everything back to "the stars like dust" and "robots and empire" is a little heavy handed.
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Overhead, the Albatross hangs motionless upon the air,
And deep beneath the rolling waves,
In labyrinths of Coral Caves,
The Echo of a distant time
Comes willowing across the sand;
And everthing is Green and Submarine
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