I honestly had no idea what to expect with this particular novella. I liked the irony of the name Princess Caution, considering she largely threw all caution to the wind in many respects.
The relationship between Felicity, the narrator, and her mother was interesting. I found it interesting that her mother found Felicity stupid because of how pure of heart she was and how largely innocent she was. Her mother was ridiculously ambitious, and, while it thrust Felicity into a most interesting position later on in the book, it seemed like she largely resented her mother after a few really negative events.
The description was quite good throughout the book, and the characters were quite likeable. I really found myself upset when characters were hurt or discriminated against. I would have liked to have seen a bit more dynamism with some of the characters, but this was a really short book, so that would have required the book to have been longer.