I'm going to start an ongoing series on pagination. i know, it's not that sexy but every time I need to design one i tend to have to rethink it all over again and then find examples to plead my case with my graphic designers.
It is showing which page you are on and how many total pages their are so they get a bonus points for that.
Better and Interesting:
The Next and Previous buttons are easy to click, although I still think the Beginning and Last links shouldn't be equally weighted to the Next and Previous, but a good argument could be made depending on the content (and it looks nice).
What I really like about this, is being able to just type in the page you want to jump to. So many pagination designs will only show you the next 3-5 pages (see above) so if you want to jump way a head, to say 17 you have to perform a few annoying clicks.