Well, the booklet contains all of the lyrics, images of the album covers plus any additional photos from the original inner sleeves. They did it that way rather than reproducing minature inner sleeves. There's also a useless 'essay' by some MTV guy named Matt Pinhead.
You also get a miniature Bicycle Race nude poster inserted in 'Jazz'. And all of the discs themselves are very pretty. You can see lots of pics here at RonB's site: link
The covers aren't too bad, but for some reason NOTW has a border around it, the inside of the Jazz gatefold is all messed up with a moire pattern like a scan which has been reduced, and The Game has a very fuzzy alternate picture on the cover.
That Matt VJ was about the only VJ worth their salt back in the 1990s. I have no clue whatever happened to him, but he certainly wasn't an idiot when he was on MTV.
I'd keep the wrapper on at least the lower part of the box if I were you. That thing sucks up dust and hairs better than a Hoover.
Just the other day I got some of those resealable protective sleeves and put all my Queen discs in them, including these (they're a little loose, but work) and the book, and put away the purdy box in a sack to keep it nice.