Ok, you don’t see SUCH palette for $48 every day, it has everything you need! You can actually own this palette, foundation, concealer and mascara and that’s basically it.
I don’t know about the quality of this particular palette but I have one of those small palettes which is $50 value and retails for $15 (a friend from US got it for me) and I am quite impressed. The shadows are pigmented enough and the lip glosses are ok. My palette also contains a bronzer which is a bit orange for my skin but it works just fine on darker skin tones (I’ve tried).
So the questions is: “Would you get such palette?”
This is a killer deal and if you want to have a lot of makeup and are on a budget this is something you should really check out!