They have another similar one that I just bought on sale that also has a synthetic sealant.
I liked it because it has a backing plate, 3" pad, and several sanding dicks, including a 3000 grit. I feel the kit could use some intermediate sanding grits though.
Now I just buy packs of wet/dry sanding paper and do most of the sanding by hand and use Optimum Compound and Polish. I use Opti-Lens as my LSP.
I've heard good reviews of the McKee's 37(or DP) and the Wolfgand headlight polish, but have not tried them.