We purchased this bed in Queen size for one of our guest rooms.  I was dubious as to the quality given the amazing price and was pleasantly surprised.  It looks great, and the color in the photo is true to what you get.  Assembly was straight forward when following the instructions - no surprises and everything we needed was included.  The ends/slats that fit into the headboard were a little stubborn but provided for a snug fit once coaxed to snap in.  Once assembled, there is a gap between the mattress and the headboad but it can only be seen from the side, so depending on how you position the bed it isn't necessarily an issue.

Pros: Great price, stylish, suitable for a guest room 
Cons: Nothing particularly negative to report!