Great bed for the price! I wanted something that would look like a couch most of the time, but function as a bed when we have extra guests. This is perfect. The wood looks nice but is a bit soft, and I had a bit of trouble with the screws sent for assembly. A few parts are difficult to put together and one screw ended up breaking off. 
Definitely not top quality, but Im really pleased for the price, and it should be just fine for the amount we expect to use it.