I bought this thinking that it'd be something broadly similar to my old (and much liked) official Apple dock (the one with the remote control), but in this case for my new SIII phone - especially as the latter is supposed to have some very high quality sound hardware.
First off, the colour - described as "chrome blue", the one I received is DEFINITELY black - which the product picture kind of shows also. This is fine, since I think a black dock would possibly work equally well for the white and the (dark-)blue SIII variants. My white SIII is currently in a black gel case and this blends in perfectly with the dock.
The design is visually very appealing - reminding me of a high-class jewellery box - the dock port is usually hidden until you flip up the portion at the front-top - the lid then becoming a back rest for the phone. At the back are two ports - one for power (standard microUSB - not usable for data transfers) and the other a standard 3.5mm audio jack. My phone - even in it's gel case - fits easily into this - and doing so switches the phone to desktop/dock mode automatically. Very neat and tidy, and folding the lid down when not in use keeps out dust and makes for a neat looking unit on your desk.
Drawbacks? Firstly, there are no cables supplied - just the dock and a manual. I can understand why this has been done, but it's a bit annoying to then have to find appropriate cables elsewhere, especially for audio (the charging lead supplied with the phone could be used for power/data). Secondly - and this is a MAJOR drawback - the backrest/lid provides very little/NO support for the phone (it needs to be LONGER), so operating an on-screen button high up the screen causes the phone to flex unless you use a very light touch, putting strain on that microUSB dock connector - this is very bad design on Samsung's part! Thirdly, for the price I also would have liked to see a remote (like the Apple dock) that would have allowed basic control of the media player (volume, play/pause, next/previous track). Lastly - do not buy this thinking it's a data dock too, that doesn't work - and in fact when I tried powering the dock from a PC I kept getting audible feedback through the PC speakers every time I operated an SIII button/menu - so I switched back to a power adaptor.
So if you still want a desk stand (the sound from the SIII IS very good through speakers) and are willing to get your own cables and exercise some care in operating it, then I'd cautiously recommend this dock.