MAC Nutcracker is a slightly cool-toned, dark gray with a satin finish. It is a limited edition eyeshadow that retails for $17.00 and contains 0.05 oz.
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MAC Nutcracker Sweet Cool Eye Compact ($39.50 for 0.27 oz.) includes nine eyeshadows in "cool" hues, which was comprised mostly of pinks with a couple of grays and mauves. It's not the worst palette I've seen from MAC, but it's not a good palette at this price point either.
FURTHER READING: Formula Overview, which is a detailed review of the range as a whole.
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M·A·C Eyeshadow is a highly pigmented powder formula that applies evenly and blends well. Suitable for use either wet or dry, it's available in a wide variety of textures and finishes.