Overall this is pretty good value for the money.  The package arrived ahead of time, and was a compact unit.  All the components were in place and well labelled and packaged separately in small bags for easy identification.  The assembly directions are terrible though.  There are hardly any written instructions, and the diagrams look like they were created by a 5 year old.  It took approximately two hours to assemble by myself.

The assembled product looks exactly like the picture.  The bed is sturdy, and the steel slats add to the firmness.  I wish there were cushions under the mattress feet though as I suspect, over time, the feet could scrap wood or laminate flooring or tear a carpet.  There is a middle post on each side of the bed that creates a more stable footing, but it is almost impossible to avoid stubbing your toe on it.