Really nice.  A big surprise to me is the quality of the sheets that I thought were going to be stiff.  They're soft and feel like material of a high-end thread count.  The valances and drapes are not of the same quality as the bedspread and other items.  There are untrimmed threads everywhere, like the seamstress was in a race to finish first.  The valances still look nice (after a little trimming), but the drapes are garbage.  I bought a different set to match and am pleased with the outcome.  I'd buy this set again, even knowing about the drapes.