I have actually had good IKEA experiences and currently own a couch, bookcase, side table and dining room table and chairs from IKEA. All items are still in good quality, but I made sure to assemble them correctly and solidly.
There was one disappointing aspect to both of my IKEA trips. I had to return both times to pick up items that were out of stock. The first time, I bought the couch but the cover was out of stock. The second time, I got the dining room chairs, but the table was out of stock.
However, part of this was my own fault for arriving at IKEA on Sat afternoon, when Sunday was the day they received new shipments and restocked everything.
No, these items are not going to be good in 10 years, but by then I will probably want new things or might be willing to invest in high quality furniture. The paycheck just can't handle that for now.
Product or Service Mentioned: Ikea Table.