This is a beautiful stand! It seems to be a laminate board construction, but it's actually a good quality and very sturdy. Heads up - the "wood grain" is a bit distressed on some parts. 
My flatscreen is 40" wide and it fits perfectly on the stand. I also have an old Xbox 360 and a Blu Ray player, and both fit comfortably in one of the compartments, leaving the other for storage.
The directions are much easier to follow than some others I've found on this site (and everything is labeled correctly!); additionally, all of the holes are pre-drilled, so you really only need a Philips head screwdriver and the Allen Wrench that's provided. They also provide a bag with spare parts, which I definitely appreciated. Overall, I'm very satisfied with this purchase.