Rereading Sandman for the first time in 20 years, it is so far my favorite volume, probably because it's one narrative unit centering around Dream and his family.
Previous volumes had amazing stories too, but there was a lack of unity in some of them (not to mention a lack of the main character). Yet, a lot of these previous stories were necessary to establish a lot of the things that make this one story as well as the following ones the masterpieces that they are. As, if I remember well, each volume gets better than the previous one at this point.
Can't wait to read volume 8 again. Probably in a few days.