The cons first, one of the screw holes was slightly cracked (added wood glue which fixed the issue), the cushion is very cheap-looking, and there is a terrible chemical smell.
Now the pros, extremely easy to build (took me less than an hour), very sturdy once built, looks more expensive than it's actual price point, great storage space, very nice design which fits in well with our existing home furnishings. Overall, a nice purchase! I only hope that the smell will go away with time.