A must for anyone who has ever wanted to make games.
Graphics - It comes with some nicely shaded and drawn sprites but you can use your own custom sprites with the right script you could as well have 3D graphics in your game just need some experience and additional software.
Sound - It comes with some nice sound to start with but you can also add your own .MID files to it. Using more software it's possible to add your own extremely complex sound files.
Value - For the money you pay this is obviously worth it with so much customization plus the ability to play others games via downloading from sites this can keep you busy for weeks just playing your and others games.