I ordered 3 stools which arrived very well packaged and earlier than expected. All are of same quality and color match.   It took me less than 10 minutes per chair to assemble (thanks to other reviewers).  I chose the burgundy color to bring out that color in my granite counters and they work perfectly.   They do not have any felt padding on the bottom, rather a rubber strip seems to help protect my hardwoods.  I will see how this works over time, may add some felt later.   Very happy overall. 

Pros: easy to assemble, very comfortable. They don't squeak at all when you sit or swivel and the lever to raise/lower works fine.  Great price. 
Cons: I gave 4 stars is because they do lower a bit when you sit down, but you can adjust the height to counter balance that.  I wish the bases were smaller, but this does add stabilty.