Material is cheap (expected) and the fit of the pieces leaves some small unsightly gaps when up close. The MDF also reeks of chemical; we're hoping that dissipates before our baby needs the room.
Cloth drawers are garbage. You can see the brown cardboard thru the cloth. 
Also be warned... the bookshelf uses paper stickers to cover up the otherwise exposed screws. Our hardware packet came with brown stickers for a white unit. Not enough of a mistake to warrant a return, but still annoying. 
Overall, I expected to be let down by this piece, and it met that expectation.