I held off on buying this gloss for the longest time, because in the old format, it had a noxious scent (similar to the NARS Lip Lacquers) -- very plasticky, and sort of like an "off" lipstick. However, Laura changed her packaging and formulations a bit in the latter part of 2008, so I decided to revisit these glosses.
They retail for $22USD for 0.159 ounces, which is kind of pricey, but well worth it. These glosses come in 16 different colors, all of which are quite neutral, as per the rest of Laura's makeup collection. Some are more sheer than others, and there are glosses with shimmer and pearl and others that have no pearl. The finish is shiny, but not mirror-like -- more like a natural shine finish, if that makes sense. The texture applies quite smoothly and isn't too thick or too watery. It's also pretty long-lasting, and stays comfortable and moisturizing for a couple of hours. There is a pleasant vanilla cake batter scent, but no taste.
The two colors that I purchased were Bare Beige, which is a light neutral beige brown without any pearl. The coverage is medium -- it does show up on my pink pigmented lips without being too opaque, and can be paired with smokey eyes or neutral makeup. The other color that I purchased was Violet, which is a cool-toned violet pink with pearl and shimmer and a medium coverage. It goes well with purple eyeshadows.
I will definitely be trying some more colors. These glosses are available at Sephora, Saks, Nordstrom, Neiman's/Bergdorf's, and of course, on Laura Mercier's website.