I'd say it is. There are some really interesting pictures, like a bunch of monsters that got cut from the game, as well as some early models of characters.
Also, there are a few design documents and short stories scattered throughout. These show off some stuff that got cut from the game before release, like an Air Exchange plant (which replaced Earth's air with noxious Combine gas) and an Arctic weather station.
Plus lots of other weird information. For example, that an early suggestion for Gordon's name was Dr. Dyson Poincaré. And that Alyx's original father was a military man named Captain Vance, who, like Barney, worked for the Combine but was secretly allied with the rebels.
If that sort of stuff interests you, by all means get it.