Picked up this issue yesterday. The only thing frustrating I find about it is that it is so good, that it is almost painful to reach the end a realize I need to wait another four, five or even six weeks for the next installment.
The action is subdued, but the story advances, the characters become more layered, and the sense of impending conflict is heightened as The Punisher is clearly getting closer to the criminals at the top of the new criminal organization in New York, The Exchange.
Art is superior and the storytelling continues to compel. Reviews continue to be strong. For example:
IGN: http://comics.ign.com/articles/121/1212728p1.html?RSSwhen2011-11-16_205700 ("Greg Rucka and Marco Checchetto continue their exploration of Frank Castle's world in Punisher #5 and find success like never before in achieving a clear depiction of how Frank affects the world around him. While the Punisher himself remains as elusive (and quiet) as ever in this installment, Rucka's decision to jump around between the criminals, the detectives, Rachel Cole and perhaps most importantly, a young kid that wanders into Frank's hideout, showcases the writer's understanding of what makes this character fascinating. Spoiler: it's not just that he's a badass." Rating 9/10
It is not to late to pick up all of the first five issues. Great stuff!