Sturdy piece of furniture.  You can also remove a few shelves and repurpose as a cabinet.  The back of the item is black, which I prefer over the IKEA unpainted look.  For the price of the item, I am pretty happy.

Some notes: 
- Surface veneer does not handle liquids well.  It will begin to peel off if not dried rapidly.  This is typical with these budget items.
- Doors will not shut if the unit is not balanced.  There is no cross section reenforcement.  That means if the unit becomes skew, the position of the doors will be off.  Use a furniture shim to make adjustments to the leveling.
- Plenty of space
- Taller than most couches
- Somewhat top heavy.  Either lean against a wall or plan accordingly.  The item will not easily tip, but if someone runs into it or a recliner bumps it, it will definitely tip over.
- Decorate the top with fake plants or colorful ornaments to really make it pop!