I bought one of these for myself and one for my sister. It's good looking and sturdy enough for shoes, I wouldn't suggest putting anything heavy on it.

I used a power screwdriver with a hex bit instead of the included wrench, it took maybe 5 minutes each to assemble.  I assembled it the way shown in the directions, with the power screwdriver I didn't have the problems which caused one reviewer to suggest putting the countersunk holes in the ends on the inside instead of the outside.

Each shelf barely fit 3 pairs of my shoes.  I have very narrow feet for a man (AA shoe width), someone with EEEE feet would probably need to alternate the shoes heel to toe, if 3 pairs will fit at all.  I suspect that the rack would fit 4 pairs of most woman's shoes on each shelf.

Pros: Great value, good looking
Cons: May be too narrow to fit 3 pairs of most men's shoes per shelf.