What's included in Morrison's JLA Deluxe?

Here's an initial solicitation for the contents of the collected JLA Deluxe Vol. 3 (i. e. what my comics library is drooling for):

Grant Morrison's incredible run on JLA continues in this new hardcover.

First, the JLA's very first foe, Starro the Conqueror, returns in a new guise as the Star Conquerer! The JLA is powerless to awaken a slumbering world trapped in the endless nightmares caused by the menace formerly known as Starro. But help arrives in the form of an unexpected ally: Daniel, The Lord of Dreams, from the pages of The Sandman. And in the tale "Crisis Times Five," the Justice League of America meets the Justice Society of America as only Grant Morrison can write it!

When Earth is threatened by beings of seemingly unlimited power -- beings reminiscent of the genies, and fairies of ancient myth -- members of both the JLA and the JSA rush to answer a challenge that may be beyond their power.

This essentially confirms that we'll see the "It" and "Crisis Times Five" storylines in JLA Deluxe Vol. 3. Between those two is the three-part Ultramarines storyline, so likely that's in there as well. That means JLA issues #22-26 and #28-31, or nine issues.

In comparison, JLA Deluxe Vol. 1 contained JLA #1-9 and a story from JLA Secret Files #1 (ten stories), and JLA Deluxe Vol. 2 contained JLA #10-17, New Year's Evil: Prometheus, and the JLA/WildC.A.T.s one-shot (ten stories).

It's possible, then, that JLA #22-26 and #28-31 may be all JLA Deluxe Vol. 3 contains. It seems a little on the thin side, but only a little. This would leave seven issues (JLA #34 and #36-41) for JLA Deluxe Vol. 4, suggesting that volume might contain Grant Morrison and Frank Quietly's JLA: Earth-2 graphic novel as well. It'd be nice, too, if perhaps some annotations by Morrison might round out the series.

Of course, all this suggests terribly bad news for anyone hoping to find the JLA aspects of the Morrison-written DC One Million crossover in the JLA Deluxe volumes -- probably isn't going to happen. It's understandable, not only because DC One Million has already been collected and because it doesn't feature art by Howard Poter as does most of Morrison's JLA run, but also because it generally didn't win the same acclaim as JLA or Morrison's Seven Soldiers did.

I understand that DC took some pages out of the original JLA trade paperbacks so as not to confuse readers where One Million crosses over, but it'll be tough to do that later on in the Deluxe volumes. Unfortunately, that may turn out to be a place where the JLA Deluxe editions don't read as well as they should (but I still want them).

If you've been reading JLA Deluxe so far, how have you enjoyed the volumes? Any drawbacks?