We can see that as a laundry bin, it would be quite useful, but we actually put kitchen garbage bags in it and use it for a garbage bin on one side and recyclables on the other.  We use it in our kitchen with the darling shutter binsfacing into the kitchen for easy access and we backed it with beadboard because the back faces out into the living area and the backing it comes with is functional but not very presentable... we love it!

Pros: Functional and very nice looking with the shutters on the front. Easy assembly.
Cons: The backing is flimsy but would work sitting in a closet or up against a wall.