For the low cost, this bookcase is wonderful. The cherry finish laminate is beautiful and yes, it does leave a slight residue on your hands if you run them over it, but in no way does it rub off. The instructions make it clear that it can't take any chemical cleaning products or much water, so be mindful of that if you plan on buying this.
It wasn't too hard to put together. The instructions are mostly pictures, not much written out. It takes some patience but everything you need to know is there.
It has a thin backing with the matching cherry finish that you can easily nail into place (they give you a lot of nails to do so). And it even comes with parts to be secured into the wall, if you want to make sure it doesn't fall over. It comes with tiny square pads to stick to the bottom, to prevent scratching up the floor.
The center shelf is permanent, the upper and lower shelves are adjustable. The plastic supports for the adjustable shelves seem weak when you're putting them in, but once you put a shelf on, it seems alright. I would definitely keep the heaviest books on the bottom, just in case. But for a basic book collection, it holds just fine.
I'm happy with what I got.