I bought this over a year ago, and it has held up really well. We use it as mail organizer and cabinet for our foyer. Even with regular use, it's not really showing signs of wear--the only thing I can see is that on the inside, across from where the magnet closure is, there's a bit of wear on the finish. Not very noticeable, and understandable after a year.
I can't remember details about installation, so I can't comment on that, except to say that it must not have been too difficult, or the trauma would have stayed with me. :-)
It's really got a lot of storage space, and I like that some of the storage is inside the cabinet--helps make the place look less cluttered. The magnetic closure works well.
I like the warm, dark walnut color. Sometimes furniture that is dark likes this ends up looking more black than brown when you see it in person, but that's not the case here--a very nice color.
Overall, I am very happy with this product and would recommend it.