Parts. There's not really much here. Those funky brick + round brick SNOT pieces in black are nice. I also like the two piece steering wheel. The sci-fi bazooka could also come in handy.
There's a poster included that really pads out the polybag.
Here's a quick IO Frigate I built. This is about the most you're going to get out of this set. It does come with its own stand though!
Can you build a frame, or frames, right away? Yes. (+5)
Is it below, at, or above the golden ratio? Above. (-10) (The Golden Ratio is $0.10 per part.)
If you can't build a frame right away, or choose not to, does it have parts you should be able to put into use right away? Yes. (+5)
Does it have more than a handful of immediately useful parts? No. (-5)
Score: B- (-5). Buy this one if you want the parts. Otherwise it really doesn't have much to recommend. It's currently on 60% Clearance at Toys'R'Us so you should be able to get it for a decent price.