Everything came to us in perfect condition and assembly was pretty straightforward.  I do agree with the other review that the screws strip fairly easily, make sure you have a screwdriver the correct size and tip type.

The kids have been sleeping in them for 3 months now and they love the beds.

The beds can be used as standard twins too, so when the kids outgrow the bunk style they can still be used as standalone twin beds - which is nice as well.

Pros: Better materials than most of the inexpensive bunk beds I saw in furniture stores around here.
Cons: The finish tends to scratch / chip fairly easily.