I purchased this ottoman on sale, and it was a GREAT value.  It was really easy to put together -- just simply screw in each of the legs.  I didn't even need to look at the manual, it was very intuitive.  I found the color to be a bit less of a light gray and a little more taupe/natural colored.  I love it though.  Small discrepancy.  Although I have the screws tightened really well, I'm a little hesitant to use this as a seat at all.  Especially for people over 120lbs.  It seemed somewhat stable as a seat, but also somewhat wobbly, and I wouldn't want to risk it.  My plan is to just use it as a foot stool/magazine or pillow rest.  I couldn't find any imperfections on this ottoman either!  No discolorations, fraying, or chips in the wood.  Great quality! :)

Pros: Great value, easy to assemble
Cons: A little wobbly as a seat