I was looking for something inexpensive for our bonus room and this fits the bill.  It is pressed wood, but very heavy and well made for what it is.  Easy to assemble and looks more expensive than it was. 
Received the initial shipment on time, but when assembling, discovered a crack in the base panel.  Called the manufacturer and was told that it the panel would have to be shipped internationally and they didn't know how long it would take.  I figured I'd never see the bottom panel, BUT it came in a couple of weeks!  I gave it 5 stars because, although it's a more inexpensive piece, it's exactly what I was looking for and better quality than I expected.