The fabric is beautiful. It has a nice woven texture that is pleasing to the eye and nice to the touch but it isn't soft. The color grey is more like a charcoal grey and in our bedroom lighting appears almost dark brown to black.
The only downside I have found, aside from being extremely heavy, is that the wooden slats that the box spring is supposed to sit on seem sparse. If I was a little more handy, I would probably try to reinforce them. But to be fair, it is holding up our bed nicely, and I have no reason to complain.