My brother and nephew put together in about 20 minutes.  It looks great and then they sat on it.  One is 280 and the other around 200.  So it definitely holds over 400 pounds.
The color is black with little peeks of red.  I like the color.
I read some people say it's not comfortable, but we all found it very comfortable.
I am completely satisfied with this so far. Time will tell how it wears, but so far, SWEET.