I have been with Ipsy (previously MyGlam) for 4 months and I LOVE it! I have not received one bag that wasn't fantastic. There may be an item or two I won't use or dislike but that is fine considering
1. it's $10/month
2. they send out Urban Decay, Josie Maran, and other great brands
3. The items are truly deluxe sized samples or full sized

I seriously can't say enough great things about this service... I just hope that the quality and amazing items continue in the future.

Pay attention to gift promotions they are running as well! I ordered a gift subscription for a friend of mine in December and I was rewarded with a full-size high end brand (Sutra) straightener at no extra cost.

Bottom line: Love!

I subscribed to the monthly service and just got my first bag today, and I absolutely love it. The products inside are very good quality, and the makeup bag it all comes in is great as well. None of it feels cheap, like cardboard wrapped tiny vials or anything (what one usually expects of the idea of samples). They are deluxe size samples (as well as a couple full size) in the same packaging as one would find of a regular size in a store, and I am very pleased with that. I would highly recommend ipsy because it is well worth the $10 a month and besides, who doesn't like getting beauty items in the mail? I really like the idea of a new different makeup bag every month.

This review is for Michelle Phan's ipsy subscription sample service. This used to be myglambag.

Just received my first (Nov. '12) ipsy package. I'm a former Birchbox subscriber. After my Birchbox disappointments, I am thrilled to say ipsy is off to a great start. I received five products and will give all five a shot. They were: The Balm eyeshadow in Matt Batali, Nailtini polish in Millionaire (full size!), Bare Minerals Marvelous Moxie gloss in Dare Devil, Starlet pencil liner in All I Want is Peace, Love, and Chocolate, and Benefit They're Real! Mascara. These samples seem like they are more targeted to what a sample service should be than I ever felt like Birchbox was. Everything is a cosmetic item. No food, no men's cologne, no hair ties, no earbuds, no other randomness. I felt like this was a good value for $10, which includes the samples, a cosmetic bag, and shipping in a cute bubblewrap envelope (will be repurposing this for shipping a MUA swap). Another thing I loved was the email with tracking info. Ipsy ships UPS, so you can see what the actual progress of your package is, not just mailed or delievered like USPS.

Great first month with ipsy. I'll report back after I receive future ipsy packages.

Update: two more months and I still love ipsy. I haven't been sold on every single item, but that's to be expected. I've received some great item I otherwise wouldn't have discovered, and even the misses were fun to try. As I mentioned previously, everything is a cosmetic or skincare item. Love!