I got this in shade 02, which matches my skin tone so well you can barely see the swatch:
This one is definitely more beige than 01, which is like a bright peach. It blends effortlessly, and I love the texture- not thin but not too thick either. It is a little bit sticky after you first apply it, but it dries down smooth and not flat. It isn't heavy or greasy, but I feel like it gives a little bit of moisture. I've been using this for a couple of weeks and I just love it, it feels really great on my skin, and I really think it looks good too.
I don't use products on my neck but this matches so well, I don't have to worry about looking off. I like this one so much, but I am not sure why they call it "frost"- it doesn't look frosty, but it's not matte either.
Although I like this a lot, it does have some drawbacks. First, I felt like I needed a touch up after about 4 hours, but for me that's not a big problem since it's almost as easy as applying moisturizer. Definitely easier than foundation. The coverage wasn't as complete as other creams I've tried; I did look better with a concealer around my eye area. This also wasn't a big deal for me either since concealer is a habit for me. It has a bit of a synthetic scent but I don't mind it. I honestly feel like my skin has improved since I started using BB Creams, and I'll never go back to foundation.