the FS-1 is a channel switch pedal, wired to work on Orange amps (and very likely on lots of other brands too). it looks cool and very Orangey (yep, the operation LED is actually orange, and i love that). nothing shabby and cheap as Fender and Peavey footswitches, to name just a couple.
it requires a standard instrument cable (with 1/4' mono jacks), that means that NO, you have to buy it too, and YES, it has virtually no damageable parts (of course except the switch itself, that feels as solid and straightforward as a soviet tank), and doesn't force you to use a 5 metres cable if you need to put it less than 2 metres away from the amp...
the only real issue is that it's HUGE, and stupidly so. I guess it could have been just as solid and cool in 50% of its volume...