From what I can tell, you get a razor and refills shipped to you every month... the prices are $1, $6, and $9 a month... You pick which subscription you want.
It is an auto bill, but you can cancel at anytime... I went ahead and ordered the $6 a month one for my boyfriend and figured if he doesn't like it, I can always cancel... shoot, I have wasted more than $6 before :)
The razors appear to be similar to Gilette or BIC... oh and the video ad on the website is hilarious :)
Check it out and Ill post an update when the razor arrives :)