Opened this set today. Much like the Starscream set I opened before, it has a full figure much like the first release of Megatron in this case. It has a stunning deluxe paint job, and the helmet and cannon are chrome. The extra body parts include a translucent torso with purple paint, and translucent purple legs and helmet (dark energon?) He also has some alternate Battleship alien arms. He has a stand that holds his extra weapons and body parts. He comes with a number of accessories. There is a small black pistol, and a 2-piece polearm weapon that reminds me of TFPrime Knockout's staff. There is a tall wing pack with a clip for holding his polearm. A tiny claw, and a secondary 2-piece black and purple BFG, which sorta looks like Galvatron's gun mode. No parts or assembly for an alternate mode as a micro changer, buy you could imagine easily making him into an alien spacecraft, cannon or satellite. Not bad for $4 at TRU on sale.
I picked up this one and Soundwave, I love these little guys. Fiddling with them and figuring out Microchanger forms for them is fun. Came up with a decent tank form for Megatron.