Okay, starting from the outside in:
The "tackle box" this comes in is useless (even if the latch hadn't been broken), I threw it away.
In the way of lures, there are a bunch of the usual cheap jigs and plastic worms that come with all these kits. If you've ever bought a tackle kit you've already got plenty of these. What you might not have are the two nice spoons and cute little spinner rig that are in here.
The selection of sinkers is excellent, with an assortment of split shot sinkers in three sizes plus a couple of sliding "bullet" sinkers I didn't have. The four floats are nice.
Most of the 137 pieces are hooks, of course. Unfortunately all of these are too small for anything but bait fish. They do come in a handy little container that will keep them from spilling all over my tackle box. There are also some small spinners and snaps that could be useful with very light tackle. The small pieces came in a little divided spin-top box that I'm holding on to.
The little hand held line is a joke as is the multi-purpose plastic tool. The stringer line will useful.
All in all, worth about what I paid for it.