Mine too! I was disappointed to see that. It definitely doesn't give me the impression of a high-end product like I thought this line/products would be like. I can't picture this product being sold at Neiman Marcus.
I don't believe the luminizer was ever sold as a stand alone product, but there was one in another shade that was a GWP at one of the department stores.
Regarding product separation, I have a Giorgio Armani liquid blush that separates when it sits for a long time. I can't say it made me think it was poorly formulated, but just the nature of the ingredients used. What I do wish LMdB would do consistently with the products sent in the VIP program is include an ingredients list. Sometimes they do, most times they don't. I like to see what I'm putting on my face/body, plus it at least gives me a ballpark idea on the quality/uniqueness of the product.
I am disappointed as well with another month of lip products. I was under the impression that LMdB had brought Dustin Lujan back to LMdB (per a post from the Best in Beauty blog
http://bestthingsinbeauty.blogspot.com/2015/06/le-metier-de-beaute-is-back-brand-is.html), and I believe he was supposed to curate the VIP program.
I do get the impression that the brand has been slipping and losing traction with it's base market for a while (hence bringing Dustin Lujan back), some of whom were none to happy when LMdB started the VIP subscription program to start with. They thought it cheapened the image of the brand. From my recollection LMdB's stated purpose with the program, in the first year at least, was to reward faithful customers by giving them access to products both old and new at a deeply discounted price. I never thought that was a sustainable model in the long run, and what we may be seeing with them developing products strictly for VIP now is a step down in quality from the core line products in an effort to reign in cost. Pure speculation on my part, but given I cannot see how they will make a profit on the VIP program if they include only core line products, it makes sense to me.
I also thought it was rather strange that they started with the kaleidoscope 3 month subscription and then scrapped it within a year or so. I purchased the last iteration and got 3 eye kaleidoscopes (all very nice), but they had originally said it would be a face/eye/lip coordinated trio. No explanation was given and they never offered that subscription again. Also, I think it's interesting that the Beauty Vault site no longer features bundled sets like they used to. Who knows, maybe that's an indication they are doing better with in store sales and do not have to entice people with value priced bundles.
/long post