I wasn't expecting perfection at this price, but I did expect the futon to hold up for more than a month.  One of the side arms broke when sat upon.  I would have expected a seat/futon to withstand being....um, sat upon.  
Wayfair's "cheap and cheerful" offer only works if return is easy and value for money is compelling.  In this case, the Luke Futon was NOT good value for money, and returns of furniture are always difficult and costly.