I didn't know Russell said that, but he's totally right.
Yes, I think it is worth having, despite some of the dreadful, cringe-making tweeness. The Oliver and Calagione articles are must-reads for anyone interested in the origins and workings of craft brewing, and the Nietzsche piece is quite fun and one of the very few that actually blends beer and philosophy in an interesting way.
The book also gives you a formula for calculating the precise refractive index of beer goggles, should you need to work out the ratio of pints consumed to perceived attractiveness of the opposite sex.