There is not much to say about this game. The multiplayer is fast paced, addicting, and always fun. There's modes to fit every player (campers and even those who hate campers, i.e. Kill Confirm). The weapons are pretty much the same as MW2, but they seem to have been nerfed a slight bit in comparison. However, this review is for the hardened edition so let me get to what I feel is important.
Everyone who was trying to get this on release day was worried about activating the elite membership by the 13th to ensure you get founder status. LET ME ANSWER THIS!!! IF you activate by the 13th EVERYONE gets founder status, even people who buy elite with their credit card online and purchase the regular edition. So why the hardened edition? It allows you to get the founder status with a code after the 13th has already passed by. So if you were worried about getting this and not receiving it by the 13th, stop worrying. You will still get founder status.
That being said, yes this game is worth $99, no it's not worth the 150-200 price tag that gougers are giving it. If you can't get it for 99, just order the regular edition, then go online to the elite website and sign up by the 13th. You won't get your "green skull" founder badge until later on, it takes about 48 hours to get this to show up.
That being said, for those who were wanting founder status, but wanted to hold off activating their elite service till the first DLC releases so it lasts longer, you will need the elite founder card to activate founder status later. However, if you're just worried about getting founder status NOW, then either way you go about purchasing Elite, you will have no problems.
As far as the book goes - it's neat, and I'll probably read it all in a few weeks, or save it for a long plane ride after I beat the campaign just to get the full experience, but it's not the selling point, elite and long term founder capability is past the 13th (plus collectively you save about 10 bucks if you pay retail). All in all, if you enjoyed MW2, you'll enjoy MW3. The campaign is the same old style, but still fast enough paced. The spec ops can be fun, but seems VERY much like horde mode from gears of war. Still, grab a partner, get ready to be immersed, and activate your elite membership!