This issue is special because it portrays a somewhat famous kiss. As Michael Fleisher puts it in The Great Superman Book, "Action Comics #306 suggests that Superman can perform feats of lovemaking of which an ordinary man would be quite incapable."

In the 1960's, there was no real romance between Lois and Clark. Lois, like all women, was obsessed with Superman, but thought Clark was a hopeless loser. Much as George Reeves did in the 1950's television series, Clark would occasionally take a wink-wink attitude with the reader; in this case, his gives Lois a "super-kiss" while dressed as the mild-mannered reporter. Lois's response-- "where'd you pick up this technique?"-- is priceless.

Later in the issue, there is an apparent Lois-Superman kiss, but it turns out that "Lois" in this case is actually an actress. The dictator, suspecting that Clark is actually Superman (give that he looks exactly like the Man of Steel, reacts to kryptonite, and has super powers) decides to force him to reveal himself, by kidnapping a fake Lois. Ultimately, the kiss gives the impostor away... because Lois wears peach-flavored lipstick!

Incidentally, this isn't the first Superman-Lois kiss. I'll write up that issue (Superman #3) as soon as I get the seven-thousand dollars necessary to buy it.

The second story in the book, which revolves around Supergirl's encounter with an alien shape-changing race, isn't as notorious as the first. In my opinion, it's just as entertaining, however, as it contains many of the elememts that made Silver age Superman great: the superpets, Mr. Mxyzptlk, the bottle-city of Kandor, the Phantom zone projector, and time-travel.