Well, I actually painted it a flat black and finished with a clear gloss. We were going to build doors and skins for the sides but we decided we could always add them later (especially since we still have another stand to build). I'll get some pics up when I can.
As far as sturdiness goes, it was iffy at first. I got 400lbs on it and moved it a little. Side to side was great, but front to back had some real wobble. I went back and added those three supports along the bottom; lifting the middle one up just a little to allow for cords. The outer boards are mounted on the inside of the legs to leave a small lip large enough for a power strip. Now sturdiness isn't an issue.
Stands really aren't that difficult to build. This was my first build and including the 4 layers of primer, paint, and gloss, it took about 10 hrs labor total.