I received the Bible in the mail yesterday. I like the introductions before each book, and the illustrations throughout. There are no study notes. This was something I really lacked in contextually studying Scripture. I always looked at the intended audience, the message, and the immediate setting, but never the cultural, historical context or setting. I'm sure I'm not alone, there. I think knowing the historical and cultural aspects of Scripture is very important. Take the churches in Revelation. This will help me understand why Christ said what He said to them even further.
I like how the introduction of the illustrated HCSB said it. Like a Shakespeare play, you can have the actors reciting their lines in a empty warehouse, and get a vague understanding of what is going on...but with a fully decked out stage, the intent of the play comes into focus a little clearer.