Looks great! Exactly as pictured, and not hard to assemble (can be done with one person but would be easier with two). The instructions were fairly clear, but if you don't have much practice with flat-pack furniture it may take you a while to put together. Requires a phillips head screwdriver in addition to the provided allen key. 
My only complaint with the appearance of the bed is that the heads of the bolts are visible, rather than having them screw further into the holes and covering them with wood plugs - but for the price, that's to be expected. 
FYI for those with thick mattresses - I still have my box spring as well, so the whole bed is fairly high. I would recommend this frame for someone with either no box spring, or a box spring and ~8-10 in mattress at the most.