I absolutely LOVE this palette. The first experience I had with it was actually doing makeup at school for the musical. The formula is amazing, it blends so easily and quickly, and it is very pigmented so you can look completely sculpted with poweder alone. Although it is the light variation on the palette, it is suitable for many skin tone, with the exception of very dark skin (but there is a dark variation of the palette as well).
I also have the Kat Von D Shade and Light palette, and although that has two more shades, this E.L.F contour palette achieves very similar results - for a fraction of the price. This is a great product and I highly recommend it, especially to anyone on a budget.