This is very well made.  My only three cons:  
You can't have it stand straight up.  It tilts a little which makes your necklaces hang at an angle and can cause tangles.  
I need a lot more spaces for necklaces.
The two drawers at the bottom are tiny.  Like 2 inches deep and they basically fall out the second you touch them to open them.  I put random things in there that I know I'll never need to get to often.
Pros:  You can lock it.
Lots of spaces for earrings.