It's a straightforward page that features your book, including links where people can purchase the book. In my case, since my books are with Kindle Select, I only have one option and that is Amazon. You also get an About the Author section and if you want people to sign up for your newsletter, they can and the list is automatically integrated with your mail list client like Aweber or MailChimp.
I think it's pretty cool for someone who doesn't have the time to maintain a blog but has a book (or books) to sell. They have a free option which features your book, buy links and an About the Author Page and two paid options that allow you to remove the BookLaunch branding at the top and the bottom (like in A Collateral Attraction) and collect visitor's email addresses when they sign up for your newsletter.
So check out BookLaunch and see if it works for you. I think it's an amazing idea and once you're there, click the Discover tab to see how other people have set up their own pages for ideas of your own.
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