Excellent for the price! The bed is a lightweight solid wood that was simple to assemble and looks just like the picture. Seems high quality and sturdy. No squeaks! 

Only possible design flaw The middle leg is indeed the toe-stubber other reviews have mentioned and if youre a bit of a perfectionist the middle part of the frame (where the middle leg joins the halves of the bed) may drive you crazy trying to get the alignment perfectly even. Either due to the wood itself or the alignment of the bolt holes, I was never able to get one side to feel smooth across the top.