I was hovering between three & four stars for this one...up until the last few chapters. Now I'm decided. :P You could read much worse in this genre, & I'm not ruling out another Kathryn Smith novel in future. But I have no real desire to continue this series; it hasn't inspired my interest beyond what I've read here.
So far as PNR goes, there are good points. The heroine isn't a negative-sized pixie waif; while she admits to being intimidated by said negative-sized pixies, she doesn't spend time angsting about her fluffier body type (sheesh, since when did 'normal' equal 'fluffy'). And the hero, to his credit, is all about her fluffier type & finds her oh-so-sexy as she is, which is great. Furthermore, they don't just hop into bed after fifty pages of bantering, & take a fairly good time building their relationship & tension before doing the deed. (Clearly PNR doesn't have to follow the same ridiculous rules as historical romance.) As for the paranormal content, this is about dreams with a slight tang of mythology. Yes! I love dreams in urban fantasy/horror. Dreams are the shiz, authors. Don't neglect that shabby, schizo kid in the corner of the paranormal playground. The dream mythology in this book is fairly simple, but it works well enough...
...which leads me to the negative points. The last few chapters ruin an otherwise decent effort by tumbling into that all-too-frequently-employed fantasy technique, i.e. Things Are Doing Things & the bad guy is defeated because this happened, this happened, & I suddenly won the struggle because this happened. It's difficult to put into words, but I dislike when terms like 'essence' or 'power' or 'magic' are thrown around in big sweeping hooks. Don't just manifest "power" or "essence" or "self" as a physical object without explanation. What does the Underworld have to do with the construction of her dagger? Why has nobody mentioned the Underworld before that object became necessary? And the father's appearing out of nowhere smacked of deus-ex-machina, even though we already knew he was prepared to intervene if needed. Whut? I don't care if it's the first bit of a series -- these world-building details need better explanation than "it is what it is," especially if all the characters take whatever "it is" at face value.
Other negatives: Product Placement. Lawdy, but I hate product placement in urban fantasy. We already know it's contemporary. Stop using brand names. Stop using tv shows. Stop using specific actor references. It dates the book even after three months have passed, y'all. Also, the narration would flow along fine & dandy for much of the novel, then jar me awake with really dreadful slang insertions that belong in YA if they belong anywhere (and I'm not a fan of them in YA, either). Expressions like w00t & yayee me (yes, spelled that way) don't add personality or humor -- what works in television voiceovers reads stupidly on paper.
Lastly, the plotting felt more like YA (aside from the sex scenes & a squicky rape scene early on -- that stuff was adult, natch) in that Dawn has Mommy Abandonment Issues & rebelliousness against Daddy because he's not the guy who raised her like a normal father. She's not confident around men & has fallen for the resident mysterious bad-boy on her dream therapy caseload. When she finally decides to embrace her heritage & save the man she loves, she goes through "training sessions" with some hottie Dreamkin badass. Even as she improves her skills in The Dreaming, her victory is solidified by Daddy Dearest's intervention....etc, etc. So yeah, it has a distinct YA flavor that was odd for a narrator that's 28 years old.
So, yeah -- not a bad book, but I won't actively seek future installments.