This collects "Weapon X: First Class" issues one through three, "Wolverine: First Class" issues one and two, and Power Pack #2. For a compilation graphic novel, the stories are better connected than most, although it retreads a lot of Wolverine's major characterization marks. Always a loner, "the best he is at what he does," and constant symbolic references to his inner turmoil of fighting the animal within. For people just getting into the character, this is a nice--if not sometimes redundant--introduction. For long standing Wolverine fans, there's not much original to recommend aside from some supporting cast moments.
Weapon X gives another retelling of Wolverine's backstory where he rediscovers his memories about the Weapon X program. Charles guides him through the barriers of his mind and he fights mental manifestations of Sabertooth and himself. It's a quick and straightforward adaptation. The good parts are the interspersing comments focusing on Sabertooth, Deadpool, and Gambit, as their lives are tangentially intertwined with Wolverine's. Gambit's story makes the most sense to include in this story, as Deadpool's deals more with his own origin and Sabertooh's backstory seems a little redundant since he appears in two of the other issues to play as a foil.
The best parts about this collection are the Wolverine: First Class issues, which take a lighter and more humorous turn with Wolverine's gruff mentorship. I think these were better served because we are taken out of Wolverine's head with his long-standing angst, and given fresher perspectives through Kitty Pryde and the Pack kids in Power Pack #2. The humor is better paired with the adventures than Wolverine's mental anguish, and the collection finishes off stronger than it started. The art by Gurihiru in Power Pack is also lively and light, great for younger viewers to follow.
If you're a dyed-in-the-wool Wolverine fan, this collection is nothing you haven't seen before and nothing done in a spectacularly new way. However, its real strength is being more appropriate for all ages, especially younger readers. The book works as a nice summation of the popular character, with some nods to his supporting cast, and is easily digestible in the single issue vignettes rather than one giant story.