Classic Montgomery, but the years she spent writing to this point shine through. From a craft view, Emily is much better than the first Anne book. The story is more mature and more layered.
From the story's viewpoint, though, Emily is obviously a second idea. You can see many similarities with Anne's character (which leads me to believe they were also similarities with Montgomery's character?) and story. But even then, it's a very charming story that I will return to many times.