The good:  It's wood. 
The bad:  The finishing could be better, plus the choice of wood pieces they used for the drawer fronts looked a little too "rustic" with the knots, some of which were poorly filled.  The drawer assembly, as others mention can be a bit awkward as there are no pilot holes on the drawer fronts which means you better have some way to keep everything square.  I have a significant amount of experience assembling pre-pac type furniture and this lacks the ease of IKEA furniture.  As it was, a couple screws went on their merry own way and ended up having to be removed and reinserted.  I have a similar, but larger cart that I purchased from IKEA for about $30 less and which has two deep drawers and Euro drawer glides, granted, it's not real wood, but the quality and final appearance is far superior.