The identity of the lady in 'log horizon lady telling the story' remains a mystery without further details. However, considering the nature of Log Horizon, it could be any female character. It might be a non - playable character (NPC) that has some crucial information about the game world and is sharing it through the story. It could also be a player - character who has had a unique experience and is now recounting it. For example, if there are events related to a female - only guild in the game, the leader of that guild could be the lady telling the story about their guild's achievements, challenges, and how they contribute to the overall game world.
I'm not entirely sure which specific story within 'Log Horizon' you're referring to when it mentions the lady telling the story. There are many storylines in Log Horizon. It could be about the in - game world's history, the adventures of the characters, or something related to the politics within the game world.
The number of Log Horizon novels is difficult to pin down precisely as it keeps evolving. But you can check the latest updates on official book sites or from the publisher for the most accurate count.
In my opinion, it's quite good. The plot has depth, the writing style is appealing, and it offers a unique take on the fantasy genre. However, it might not be for everyone's taste.