This station offers sodas, water, coffee, milk, iced tea, juices, cocoa, and an assortment of hot teas. Cups are small (around 14 ounces), but you can always take as many as you can carry, or bring your own "jumbo travel mug" to fill.
Canned sodas from room service or bars are $2 each, so it's much better to just grab them yourself at this station - it's even located right near the aft elevator.
Also, on the first day, crew members will try to sell you the Evian "water package" - it's 12 bottles of water for about $25. I recommend NOT doing this, and just bring one or two bottles with you and refilling them at the station, as needed. The water that is dispensed tastes great - it's filtered right onboard the ship itself.
All rooms are equipped with a small Beverage Cooler - a tad warmer than a regular fridge, but perfect for keeping drinks chilled!