I have read the majority of Lovecraft’s published short stories, and a recent collection, The Best of HP Lovecraft, truly delivers on its title, although it lacks some key stories, such as “The Case of Charles Dexter Ward”, and “At the Mountains of Madness”, a masterpiece. Still, for those who wish to get at the meat of Lovecraft without reading hit-or-miss collections, I can’t recommend it highly enough.
It contains the original “Call of Cthulhu” story, and a number of others that are masterworks of what Lovecraft liked to call “Supernatural Horror”. Not your standard suspense stuff, but stories where normal people have brushes with forces not only beyond man’s experience, but beyond his ability to comprehend.
If you like everything spelled out for you, Lovecraft may be less than satisfying. His style was to leave as much as possible to the reader’s imagination.
I agree with Hunter Hawk, his works divide themselves into two categories:
Most describe ancient forgotten gods that bring destruction and madness upon mankind when stirred from their rest. Many take place in the fictional North Massachusetts shore town of Arkham, and it’s clear that he knows that landscape well.
Others however, are mood pieces that set out dreamscapes that are vividly described, although as much as I admire his time-and-place setting abilities, these stories are somewhat unsatisfying to me, particularly his magnum opus of this genre “Dream-Quest of Unknown Kadath”.
Lovecraft claims he inherited both aspects of his style from the obscure Welsh author, Arthur Machen, whom he holds in much higher regard than literary history has.
If you get into Lovecraft beyond the collection, be wary. Lovecraft himself never cared much whether the mythos he created in his stories was consistent. Some of his followers, however, such as August Derleth, busied themselves after his death trying to tie his stories together into some sort of mythological continuum, with disappointing results. To make matters worse, they sometimes published such stories as “new” Lovecraft works or “posthumous collaborations”. I warn you away from “Lurker at the Threshold” and “Watchers Out of Time” for this reason.