I purchased this as "very good" from Warehouse Deals (Amazon's open box/used store) and it arrived in a static free bag, wrapped in bubble wrap and packed in a plain brown box. It included all the original papers, documents and software disk. It did not, however, include the IO plate for the back of the computer case. Amazon offered to send me a whole new product but I didn't feel like sending everything back for the little IO plate. Instead I contacted Gigabyte and they sent me one free of charge in just a few days. Fantastic customer support.
As for the MOBO itself, I decided on this one when purchasing parts for a gaming PC build for my son. It is probably a little more than I needed but the Warehouse Deals price as around $50 so it was well worth that. I try and purchase used/open box items from Warehouse Deals as often as possible (if you check my other reviews you will see that is true!). The board has plenty of expansion slots, accommodates lots of different Intel processors and has USB 3 so I figured why not prepare for the future? I know when I start to upgrade parts of the Gaming PC I won't have to worry about space on the board or anything.
As a side note: If you are building a gaming PC fro the fist time like I was don't short yourself on three main parts: Motherboard, graphics card and case. In the instance of the Motherboard, if you decide to use the PC builders version of Windows, the Windows SN links itself to the motherboard so if you ever upgrade the MOBO, you will not be able to reinstall that version of Windows on it (at least without some help from Microsoft). So just get the better MOBO to begin with and save the hassle!