I bought the white bed for my daughters room.  It has vinyl covered sides and headboard, which looks fine.  Large bolts hold it together and it's sturdy.  It's not very heavy so getting it upstairs was not a problem.  It came with the only tool needed, which is an allen wrench.  The wooden slats are bowed and take a little time to assemble, but went together just fine.  It seems like it will last, but we just got it.

Pros: easy to assembly, not too heavy to carry, good construction
Cons: slats take a while to assemble