When I purchased this for less than $60 and it was shipped within 2 days, I thought, "What's the catch? This thing is going to be hideous!" NOPE! It was put together by my husband and me quite easily, it fit nicely, and for being compressed wood, it's very attractive.  

Pros: Inexpensive, attractive
Cons: If you're not at least a tiny bit handy, you're going to possibly mess this up...composite wood isn't too forgiving