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khafra comments on Rationality Quotes June 2012 - Less Wrong
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Honestly, I think PT:TLoS is probably best for those who already understand Bayesian statistics to a fair degree (and remember their calculus). I'm currently inching my way through Sivia's 2006 Data Analysis: A Bayesian Tutorial and hoping I'll do better with that than Jaynes.
I'd agree, with the exception that chapters one and five (and maybe other sections) are great for just about anybody to get a qualitative understanding of Jaynes-style bayesian epistemology.
Ah, yeah - chapter 5 is pretty good. (I recently inserted a long quote from it into my Death Note essay.)