Cons: Particle Board despite description saying Wood.  Very large area for wine glasses; I have 8 glasses yet it looks like I need a lot more!
Pros: Looks like Wood.  Very functional: shelves for liquor bottles, bar supplies, etc. etc.  Rack(s) to hold wine glasses and area for wine bottles.  Despite there being MANY pieces to put together it was rather easy and quick.

I am definitely happy with the purchase and believe I got my money's worth.