It lights up!
It comes with two travel-sized pencils in Zero and Ransom as well as a mini UDPP.
Here it is side-by-side with the BOS II. This is the only other BOS I have, since I passed on Alice because I already have a lot of the other colors on that palette. BOS III, though, also has a few colors that can also be found in the Ammo palette but that's okay since I use my Ammo palette quite a lot.
Both of these palettes contain Perversion, a matte black, and Midnight Cowboy Rides Again. I'm happy to say that the new version of this shade has less chunky glitters, since I'm not fond of glittery shades.
Here are some swatches. I had to manipulate the colors a bit to make them as close to the real thing as possible. These are all swatched once, dry and without a base:
from left to right: Perversion, Uzi, Loaded, Kush, Midnight Cowboy Rides Again, Last Call, Rockstar, Money
from left to right: Haight, Maui Wowie, Smog, Bordello, Radium, Snatch, Suspect, Psychedelic Sister