I dont have a big balcony, so this fits in perfectly without wasting space on the sides which would happen if the arms would be rounded, or the back would bend back. It's very boxy - and i really like that - it maximizes the actual seating area. The loveseat itself is of pretty good quality and was easy enough to put together. But for a few pieces, there needed to be a second person holding the sides together. The pillows are not exceptional quality, but for the price they're are very good and stay in place without sliding. 
There is space underneath the seat, that I would love to use, but there is no access to it unless you pick up the whole seat. Would be really cool if the front panel opened up somehow. But that would probably make it more expensive.