It's a FABULOUS frame. Only slight downside is that it's not comfortable to lie against if you're sitting upright in bed. Easy enough to put a few pillows behind your back, though.
Yeah, I think I bought my queen-size frame for $79 or $99 at the very most. Only went for the cheapest one, but it's great. It's probably a bit better suited for the UK because if you have a big, thick, pillowtop mattress and big boxspring (like I do), the bed ends up quite high. Foam mattress would be perfect.
Have never had or seen a bed frame with more space underneath for storage, though. I'm trying to talk my stepdaughter into getting one for her room.