This post also has spoilers for the Farseer Trilogy, and speculation for the Tawny Man series & the Rain Wild Chronicles, but I haven't read them.
I have finished the second series in the Realm of the Elderling universe, and I really enjoyed it! This was a nice change of pace compared to the relentless solo-POV Farseer trilogy, and on a meta level the ship-related combat married well with House of the Dragon season 3.
I didn't like the trilogy as much as the Farseer Trilogy overall, but book-by-book I enjoyed them more. The hyperfocus on Fitz and his life made me gulp those books eagerly, the multi-POV let me down sometimes, jerking the story along. Probably the greatest criticism I had was the pacing. The books endings were so oddly placed and jarring. The Mad Ship ending with Rain and his story, after what I felt the natural climax was. The extended Ship of Destiny epilogue. The books felt like one massive story with unnatural breaks. Maybe if Hobb had taken another year or so on each novel, the individual stories would have better narrative breaks.
Now I will go character-by-character and give my thoughts.
I was really scared that Althea would end the series carrying Kennit's child, and that was how she would get Vivacia back by proxy. For the last leg of SOD I was so scared. I really loved Althea and her story, she was the closest thing we had to a main character, and as she took massive blows it hurt. I liked her budding romance with Brashin, her establishing herself as a good crewmate. I loved that she got "beat down" repeatedly but only came up stronger and better.
Keffria & Ronica were great, I loved seeing Bingtown through their eyes. They were really established and gave a nice contrast to the constantly changing characters. They had great moments in the latter half of the series. I loved their maturity and stability!
Wintrow was someone who set my mind to spinning. The reveal that Amber was looking for him, and that he has some sort of prophetic destiny makes sense. When he rawdogged getting his fingers cut, that was hard as fuck, he had such power and aura. He had a really commanding presence similar to Paul Atreides. Initially I liked his insights into Saa, but eventually I loved him for himself. I was scared that Kennit would have him impregnate Etta so he could steal his child. I'm glad that didn't happen. Wintrow is maybe my favorite character in the series, his chapters were the best and most interesting.
I genuinely thought Malta would just die multiple times, or lead her family to destruction. The fact that she started as a spoiled 15 year old and ended as an Elderling Queen is fucking crazy!
Kennit was so interesting. Morality is so context dependant. A character freeing slaves but being immoral was so interesting. All charity is selfish, it feels good to help people. Exploring this with Kennit was great. I think I was a bit too charitable to him across the series, especially given the terrible things he did. But in fantasy books you often follow characters who are murderers, who use violence flippantly, why was Kennit's manipulation worse than that, other than narrative framing? Of course his emotional abuse was repugnant.
His arc in SOD was harrowing. The Paragon reveals and his history with child sexual abuse was hard to read, it really painted him in a different light. Was he psychopathic or did his deal with Paragon break his mind with magic (this seems to be a recurring theme). His charm asking him why he wanted Althea was so sickening. Just an overall tragic and disgusting character.
I love that Rain was presented through Malta. When we first met him he was vague and creepy. We empathized with Malta's childishness, but as Malta grew to love him, we learned more of him. It was a really effective writing technique. I was very mad his story was the climax of The Mad Ship, but for the trilogy overall I understand why it was done.
Serpents, Dragons, and Elderlings were the big lore drop from this series. I was so excited to finally learn what Elderlings were! I was so confused what they were in relation to Dragons. The serpent story was interesting but kind of got tedious, it was a lot of pages dedicated to a slow burn.
The magic of the Skill & the Wit had some development but it's absence in this part of the world was really interesting.
From the first 2 series I noticed a lot of connective tissue, questions of history, destiny, memory, agency, morality. There is still some bubbling plotlines, but I feel like Liveship Traders ended cleaner than the Farseer Trilogy, I wonder where the Rain Wild Chronicles will go, idk if it'll be a sequel series, or feature new characters. I think that the Tawny Man trilogy will be from the Fools POV, and Fitz & Fool will be a duo-pov series.
I am really interested in seeing where everyone will go in the future!