I have installed and it is the full version of C7 Pro 7.2.  There are no features missing or disabled and it runs perfectly fine on an iMac with OS X 10.6.4 (runs better than C8 ever will I believe).  The disk only has the content installer for Windows though due to disk space issues, so that's a bummer.  If you already own C7 Standard, you can use the content installer from that since they are the same.  Even the content from C6 may work as I doubt that content has changed much since it was first made.  Digital Arts magazine has C7 Standard included with the Mac content installer.  You can register on there website, and go to the downloads section and get it from there as well.  The serial can be used to upgrade to C8 and there is a coupon code to get 25% off C8 if ordered before September.  Hope this helps.