It is exceedingly barebones. Frankly, it's probably overpriced for what it is.
It looks better (for the most part) than the DVD sets, although if you own those, this might not be worth the investment. The slipcase, in addition to the bizarre art (which is also replicated at the completely static menu (at least for Season 1), is badly designed.
As much as I'm enjoying getting to revisit it, watching S1 again does really remind me how why I had such a hard time connecting to the show initially. I just finished "The Mind War," and I feel bad saying this, but if it wasn't for Walter Koenig's charisma as Bester, the actor who plays Jason Ironheart is so bad the episode would be almost unwatchable.