Very nice set for the money.  You'd pay at least 5 times as much for teak with thicker Sunbrella covered cushions.   The cushions are definitely not waterproof.  In fact when I tried to clean them with mild detergent and water they absorbed some of the water.   They need to be sprayed with a fabric waterproofer.  For now they look nice though.  The eucalyptus wood looks great new although a little rough.  I might sand the arms and will need to re-oil after that.  The assembly is not bad but strongly suggest you get a 4mm Allen wrench attachment for your drill and it will go much faster.  The instructions say not to use a drill because you might strip out the wood so be careful, the wood is not very hard.  Tighten the last bit by hand.  
  Great customer service!  Had some damage from shipping and the agent replaced the damaged pieces right away at no cost.  
We like it enough that we will probably get a second set.