I probably would not get it because I would not be able to see what is in the trays. I like see-through plastic!
Sam's club has a set of drawers similar to this for about $35. Mine is all plain translucent plastic, but I think their current one has different colors on the drawers. It has a flat top, though.
Edit: Just counted, and mine has 10 trays, all the same narrow size. Mine is definitely not suitable for fabric storage. Biggest problem with it is that the drawers become distorted with weight and therefore can slip off the runners on one side or the other.