I just subbed this evening. Honestly not a huge fan of the NYT but for this price you get a lot of content.
This is the basic digital edition. Main things you dont get are the recipes/crosswords, also you don't get offline editions for Kindle, Nook etc. No offline PDF edition. Its basically online only or through the iOS or Android apps. Basically you can read/view the content and thats it. Still well worth it for $28 a year in my opinion. Reverts to normal pricing after the first year.