Hourglass Surreal Light is a very warm-toned, medium-dark beige with a satin finish. It is a limited edition powder that retails for $48.00 and contains 0.35 oz.
Hourglass Surreal Light Ambient Lighting Edit Palette ($80.00 for 0.30 oz.) includes a finishing powder, bronzer, two blushes, and highlighter inspired by Surreal Light, which is a new shade in the Ambient Lighting Powder family (currently only available in this palette). This palette will work best for someone who is less concerned about a "value-packed" palette/is unlikely to finish their products and really needs everything in a single compact. I think the palette, all being in the same family of Surreal Light, ends up getting muddled a bit between the blush, bronzer, and highlighter with the Surreal Effect blush being the one lone shade that stands out as a bit different. It is a distinctively warm-toned palette, so it will likely not work for everyone. The texture seemed a bit drier across the majority of the powders as the permanent range, though I did not notice the dryness as applied to the face in practice.
FURTHER READING: Formula Overview, which is a detailed review of the range as a whole.
Mica, Synthetic Fluorphlogopite, Boron Nitride, Hdi/Trimethylol Hexyllactone Crosspolymer, Polymethyl Methacrylate, Octyldodecanol, Silica, Benzimidazole Diamond Amidoethyl Urea Carbamoyl Propyl Polymethylsilsesquioxane, Sorbitan Sesquioleate, Magnesium Aluminum Silicate, Phenoxyethanol, Dimethicone, Sodium Dehydroacetate, Sorbic Acid, Polyacrylamide, Benzoic Acid, C13-14 Isoparaffin, Potassium Sorbate, Dehydroacetic Acid, Laureth-7, Ethylhexylglycerin, Trimethylsiloxysilicate. May Contain: Ci 77891 (Titanium Dioxide), Ci 77163 (Bismuth Oxychloride),Ci 77491 (Iron Oxide),Ci 77492 (Iron Oxide), Ci 77499 (Iron Oxide),Ci 75470 (Carmine).
Disclaimer: Ingredient lists are as available by the brand (or retailer) at the time of publishing. Please always check product packaging, if it exists, for the ingredient list applicable to the product you're purchasing, or the brand or retailer's website for the most up-to-date ingredient list.