Anyway, eventually Rand comes back, has another show-down with the evil one, Ba'alzamon, and is publicly declared the Dragon Reborn, to much falfalla and parading. Along the way there's a good deal of stuff about the various sects of Aes Sedai magicianesses, some more stuff on the corrupt puritans, The Children of Light, and quite a lot of narrative dilly-dallying. Mat was under the evil influence of a wicked dagger, but he gets cured of that by the end. Otherwise it's pretty much all just padding out the circular plot. Maybe I'm now reconciled to the Jordanian schtick; maybe it's that where most volumes in this enormous series are 300-pages-pretending-to-be-800-pages long, this one is 200-pages-pretending-to-be-650-pages. At any rate, it slipped down easily enough.
That's not to say it's any good, mind. I appreciate that it's YA adventure, but that's not a reason to 'make allowances' for a book as far as I'm concerned. Quite the reverse. And this book has all the limitations of a YA novel and none of the focus or penetration. So, for instance, The Dragon Reborn remains coy on the subject of sex. In one chapter Mat is visited in his bedroom by the evil Selene ('so beautiful he almost forgot to breathe') which causes the young lad 'tingle and pain'  as well it might; but nothing more explicit is stated. (Then again, chapter 42 is called 'Easing the Badger', which may well become my new favourite onanistic euphemism). There's spits and spots of violence, but this all feels been-there-done-that tired -- already! and we're only in vol. 3!
Perrin shouted wordlessly as he struck out with an axe ... the Trolloc fell, roaring and kicking. Good YA books are generally less padded and meandering than 'adult' books; not, as here, more so.
An issue I had with the second vol. was intensified for me by this, third one: namely that Jordan has a problem representing, because conceptualising, evil. It's all second-hand and none of it alarming in any genuine sense: medieval Bond villains, beast-men, creaky but (see above) euphemistic old decadence. In the prologue an evil 'Fade' shows how e-e-evil he is by gouging a table with his bare hands.
The Myrddraal was drawing a hand across the tabletop, and thin tendrils of wood curled away from its fingernails. Then there's a sort-of Dreamtime dimension in which the e-e-evil Ba'alzamon, gathering a conclave of his underling-baddies, gets to be both Freddy Kreuger ('"You all dream," Ba'alzamon said, "But what happens in this dream is real!"') and a Bond villain, both at the same time:
"You have been given tasks. Some of these tasks you have carried out. At others, you have failed. .... You!"To be clear, that's 'like a file struck against an anvil'. Boingg!
...The man screamed and began to quiver like a file struck against an anvil. 
Otherwise a few more gobbets from general myth/culture are added to the stew: some more Arthuriana, in the shape of an Excaliburish magic sword that only the Dragon can wield, called (the 'Ex-' prefix having been filed away) 'Callandor'. There are also bits of Wagner ('the Maidens of the Spear') and some wolves. But most of it remains the same-old same-old. Characters still explain things to other characters who presumably already know those things:
"The soulless?" Egwen said, a tremor in her voice. ... "A Gray Man?"A bit like this novel, then. Or later in the narrative:
Sheriain ... gestured to the corpse. "The Soulless, the Gray Men, give up their souls to serve the Dark Lord as assassins. They are not really alive after that. Not quite dead, but not truly alive." 
"Let us saddle the horses," said Mat. "Horses are gramnivorous quadrupeds with forty teeth, namely twenty–four grinders, four eye–teeth, and twelve incisive. They shed their coats in the spring; in marshy countries, shed their hoofs, too. Hoofs are hard, but requiring to be shod with iron. Their age can be known by marks in mouth." "Excellent," cried Reggie. "To horse we go!"Well, I made that last one up. But you take my file-struck-against-an-anvil point. Boingg!