Beautiful and sturdy. It was tough to find a cabinet deep enough to house our printer and files in, and this one fit the bill (16" deep inside). The adjustable shelf is solid and there are 2 cut outs in the back (one at the bottom and one at the top) to run an electrical wire through. Lovely piece, great modern and transitional look.
The veneer is nice, even though it's just a paper veneer it has a great texture and feel to it. We removed a sticker on the inside door and the veneer peeled off. 
For under $100, it was worth it, but I would not pay over $100 for paper veneer.