I bought it for my daughter last year for Hanukkah. I really like the design of the house itself: the three completely open floors are easy for a young child to play with, and I like the bright colors and simple assembly. But I don't like the felt dolls that come with the house. They're flexible, but they don't hold a sitting position, so you can't sit them down in the chairs. And, frankly, I just think they're weird-looking!
The furniture is OK, not great--it's not as smoothly finished as similar products from well-known makers of wood dollhouse furniture, and not as well constructed--one of the chairs fell apart yesterday when she was playing with it. It's also scaled a little smaller than most other dollhouse furniture, so if you replace the funky felt dolls with standard plastic dollhouse figures, they may not fit very well. Our replacement dolls are always falling out of the chairs.
Still, the whole package is not a bad deal for the amount of money. If I were buying a new dollhouse today, this wouldn't be the one, but my daughter still likes it just fine.