The pros:
We've had this for just under a year now and it is the right size for our living room. It is a nice size for anyone looking for an ottoman to go with a sectional or L-shaped couch. It's sturdy and the storage space inside is great. There is a nice fabric loop you can grip to easily open and close the lid.

The cons:
The fabric snags on things easily so there are a few little frays from random things like zippers on pant cuffs, rings snagging, and the cat jumping up and down from it (he does not claw it intentionally so we know it's not that). 

One side of the opening mechanism inside also broke recently and there doesn't seem to be a way for me to contact Wayfair to get the missing part or find out where I can buy it. A little bit disappointed in these two aspects of quality and I can't find anything about warranty anywhere. Something that is less than 1 year old shouldn't have hardware breaking!!