I read this recently, and found it to be more of a social commentary than an attempt to tell a story.
Throughout, Wells seems preoccupied with the development of the Morlock and the Eloi, to the exclusion of pretty much everything else. The time machine itself, and the character of the traveller, his friends and Mina, are all really just there to dress up Wells' vision of the future, and it's a pretty bleak vision too!
For me, the most interesting thing about the book is the ambiguity at the end.
Overall, however, I would have to say that War of the Worlds is a much better story, and a much better constructed novel.
