Just a few weeks ago, my daughter, the mother of three small children, was remembering a similar basket owned by our nextdoor neighbor when she was growing up, and wondering if they were still available somewhere.  It's such an attractive way to gather the kids' clutter and set it out for them to take with them upstairs as they pass.  The very next day, I got a sale email from Wayfair, and there were not one, but two of these baskets.  We chose the one without a lid, because her children are 7, 3, and 1, so at this stage of the game a lid would only limit the amount the basket would contain.

Pros: lightweight, deep, and the handles make it so convenient!
Cons: none