From the description:
"The PICO-GS program performs four basic functions:
1. Provides a graphical view of your waypoints on the map image.
2. Permits "point-n'click" waypoint programming on the map image.
3. Provides realtime GPS tracking and flight data on the map image ( requires a radio modem )
4. Includes the standard PICOPILOT line item editor."
It costs $100 for a CD and a license key for a single installation.
They're sending me a review copy, so I'll give you a hands-on report as soon as I get it.