The kit comes with 20 1/4" bits, along with the ratcheting screwdriver.
The bits are:
Phillips: 0-2
Slotted: 3-7
Square: 0-2
Hex: 3-6
Torx: 10, 15, 20, 25, 30
Build quality is ok. Better than the Meritline set I bought a few weeks ago. The ratchet on the driver has about 20 clicks on the round, and the socket is magnetized.
I also picked up a 19 piece drive socket kit for $2.00 as well. Although most pieces are dupes, the wrench does the job for those tough squeeze areas (replacing car dash speakers comes to mind). Quality is meh, but for $2.00, it sure beats the bits + pliers method!
Sockets: 5mm-10mm
Phillips: 0-2
Slotted: 3-7
Torx: 10, 15, 20, 30
PS: For those who arent aware, most of Husky's tool lines come with a lifetime warranty(including these kits). Although it becomes a YMMV if you lose the receipts when they break.
Edit: K, reciept, and pics of the packaging have been uploaded to the wiki-post ^_^