This was my first - and last - purchase of the "Classics Library" sight unseen.
1) The "New Gods" themed JLA / JSA team-up is missing part 1, because George Perez did not draw it - as those interested in this book may or may not know, Perez took over JLA after the untimely death of Dick Dillin. I realize Perez did not draw part 1, but it should have been included regardless - particularly at this price point.
2) The product image represents the next year's JLA / JSA team up against the Secret Society of Supervillains - only it is NOT included in Volume I. The existence of Volume II was conveniently disclosed after Volume I was out.
The 2 stars represent the fact that I still enjoy the art, and the Red Tornado arc is OK - the Shaggy Man story continues to be filler, as are the JLA postcards.
But as others have pointed out, it is not worth the price being charged - especially given the false advertisement.