It's actually quite decent. For a w/cing noobs it's a must!
For a kit it is put together very nicely. Good pump, DDC 3.1 (IIRC), swiftech Apogee CPU block, and a MCR 220 rad. All in all a nice set up for not to much. Not as good as a custom set-up but a nice intro into water and it should beat an air cooler.