We have all of our entertainment equipment in the cabinet, plus a few things more.  We have our DVR/cable box, receiver, DVD player and BluRay player stacked in there, although we chose to stack the DVD player & BluRay player on top of each other by putting in our own spacers (small 2 inch blocks on each corner) between them.  Otherwise there was a lot of wasted space if we only put one piece of equipment on each shelf.  The cabinet design might be nicer if you could choose to place ALL four shelves at any height you'd prefer.
One side panel did arrive with a small chip/bent over piece of veneer on it, but nothing that wasn't easily fixed with a little glue & a black Sharpie.  Certainly nothing to ship the cabinet back over.
It took two of us about 2 hours to put it together; the instructions were fairly easy to follow.
Overall, we are pleased with the look of the cabinet.