A Waft of Grey #2 is a light-medium silver with a frosted, metallic finish. It was fairly sparkly, too, and I did have issues with fall out during wear. It was sheer when applied dry, semi-opaque when applied damp. Like the white shade, it doesn't quite smooth out over the lid. Though there was fall out, the color itself remained mostly intact after eight hours of wear. If it looks familiar, it should--it's pretty much the same as the silver in Party of Pastels. Sleek MakeUP Pretty in Paris (LE, $9.99) is a touch darker. Giorgio Armani Silver Chafer (35) (LE, $33.00) is darker. Marc Jacobs Beauty The Starlet #6 (P) is slightly darker. Disney by Sephora Your Voice (LE) is similar. NARS Silver Factory (LE, $24.00) is a cream product. NARS Flowers 3 #1 (LE, $24.00) is lighter. MAC Guise (LE, $21.00) is a smidgen darker. MAC Virgin Silver (LE) is a cream product. MAC Extra Silver (LE, $19.50) is less cool-toned. Guerlain Les Aquas #4 (P) is similar. Giorgio Armani #17 (LE, $33.00) is also similar. Le Metier de Beaute Platinum (P, $30.00) is less frosted, more metallic. See comparison swatches.
The Mineralize Eyeshadow formula is supposed to have "low-to-medium coverage" when applied dry and "more intense coverage and color" when used wet. Most shades have color payoff that is true to the brand's description: semi-sheer to semi-opaque when used dry and semi-opaque to opaque when used with a dampened brush. I tend to find that they apply more smoothly and evenly with a more metallic finish with a dampened brush as well. Some shades can be a little too dry or dusty and do not apply as well with a dry brush. The wear is typically a bit less than average on me--six to seven hours.