Since this is all cotton and I can hose it off, I put it in front of the dog door so my three German Shepherds can wipe their feet before getting on the expensive rugs.  It's right next to a $1500 hand-loomed wool and looks like they were made to go together.  

Pros: Qualiy at a low cost, washable, love the design.
Cons: May want to put a pad underneath.