I read this back in 2011 when I was on a Punisher binge. Without any context from the rest of the Civil War series I rated this 3 stars. With that context, having read Civil War and some of the post Civil War comics now, I'm still left with this as a 3 star story.
The most important parts of The Punisher's story don't happen in this volume, they happen over in Civil War. That makes this more than just a side story, it makes it feel a little pointless. Nothing more exemplifies this than the section set in the bar: B and C grade villains at a wake.
But it is The Punisher and he does kick ass.