I am a grad student, so I don't have much money to spend, so I usually search a lot before I buy anything. This bed frame without a doubt has an excellent  price. I remember I saw something similar, being around $220. Regarding the quality, I am pretty much satisfied, and I like it a lot. the picture completely reflects what it really is. Assembling was very easy, although you will need a drill.
when I receive the item, the leather was torn on corner of two boards, I took a picture and sent to customer service. They replied very fast, and another new frame was sent very quickly.

Pros: unbeatable price, good quality, fast delivery, great customer service
Cons: you need a drill for assembling