This pencil has an excellent texture. It isn't so hard it drags or hurts to apply, but it isn't so creamy that it doesn't provide a good line/barrier to prevent lipstick wandering (I find Armani lip pencils to be too creamy, for example). I also find the colour to be a very good match for my naturally pale lips - it's described as underground pink on the MAC website (whatever that means), I'd say it's a neutral pale flesh pink.
Swatch on my hand:
With Subculture applied. The borders of my lip are a bit more sharply defined, and it stops lipstick from wandering without altering the colour of the lipstick. I like it applied under a bright lipstick if I'm aiming for a sharper lipline.