First thing to note -- make sure you note the dimensions on this! When I saw the picture I expected it to be a tall bookshelf (5' or over), but it's actually shorter than that. Luckily that worked out perfectly for my needs, so I've kept it, but make sure you know what you're buying.

The quality isn't great. After assembly it rocked back and forth a bit. The wood is also pretty plain, unfinished, which is the look I was going for, but may not be for you.

Also to note -- the shelves have the same string-like design as the side of the bookcase, and the gaps between the slats are pretty wide, about an inch or so I would say. It makes the whole thing feel a little more unstable, and it's hard to put decorative items (which is kind of the point of a decorative bookshelf like this, I would say). 

Overall, though, not a bad purchase for $40! 

Pros: Unfinished wood is pretty; easy to assemble; great price
Cons: A little rocky; picture misleading