I just gave a long review of the GURPS 4th Ed Basic Set for Characters in the Product Review section.
It took long enough. I'm going to be running a GURPS campaign soon so I'm reading the books that I'll need for it. It will take place in the modern world but with the introduction of magic. I really wasn't thrilled with the 3rd Ed Techno Magic suppliment. So, I am creating my own world for it. I'll discuss that more as I get something concrete.