I've just downloaded it - as mentioned earlier much of the stuff is in Kontakt Player and other freebies from NI but the good news is it doesn't install them again!
The bad news is that when doing it's initial VST scan it locks up on Amplitube 4 so I've uninstalled that (I think there was an issue with my install anyway) and doesn't seem to want to load SampleTank3 or Miroslav2 ?
Not sure what it does with the VSTs yet - does it read their presets too? Still waiting for it to get through the scan!