A well-made convertible sofa. However I am returning this product because of several factors: 
1. It is very very low to the ground. Much lower than the picture indicates. 
2. The 'bonded' leather feels exactly like vinyl. Very cheap feel and the edges feel a bit sharp around the seams and I can't imagine the seams holding up over prolonged use.  
3. The comfort mentioned in many reviews is just not there for me. If you are willing to allow that this is meant as a dorm room furnishing then, yes, it is much more comfortable than most of that type furniture..but still very stiff for a true living room peice. 

That said, the quality is good and the color is very nice chocolate and matches the online picture.