This was one of the best purchases I've made in a long time.  I bought two stands, one for each side of the bed in the master bedroom, and found them very easy to assemble.  Everything lines up as it should, so you're probably looking at a half hour or less per stand as long as you follow the directions.

The stand look and feel solid.  I've gotten complements from everyone that's seen them.  They're genuinely surprised at what a paid for them..  It's basically the look and feel of mid-level furniture at entry level prices.  I couldn't be happier with them!

Pros: Rich look, straightforward assembly, great price
Cons: None that come to mind