Overall the bed looks good (if you overlook the issues - ) but the quality and assembly ease needs to be improved significantly. 
1. The cloth tears at slight scratch. And guess what, which scraping the cloth (non-velvet one), you can't install the wooden (rough) slats.
2. Some of the screw threads weren't aligned properly for easy installation. 
3. I found some broken/missing screw anchors (not sure exact term for it, but guess anchors explains it). 
But I am happy Wayfair was able to resolve my issue#3. So I would give 5 Stars for Wayfair customer service.