You can tell a good entryway piece from a bad one before you even get your coat off. The good one has a spot for keys, a spot for mail, a place to sit and wrestle off boots, and it still looks like it belongs in the house. The bad one is a single hook screwed into drywall and a pile of shoes creeping across the floor by week two. The difference isn't size, it's whether the thing was actually designed to catch the chaos that walks in your front door every single day.
Over time this is the piece in your house that takes the most abuse and shows it the least, if you pick well. Salt stains from winter boots, a dropped umbrella that leaked onto the bottom shelf, a toddler using it as a step stool, all of that happens whether you plan for it or not. Wood with a sealed finish wipes clean and ages into a nicer color. Painted MDF chips at the corners if someone's always banging a bag into it, so wipe up water fast and don't let boots sit on it wet all winter. A basket or bin liner inside any open cubby saves you from ever scrubbing the wood itself, which is the whole trick to keeping it looking decent for years instead of months.
Where it goes wrong is in tight entryways, the kind where you've got eighteen inches between the door and the stairs. A bench with storage underneath sounds great until it's sticking out into foot traffic and everyone's stubbing a toe getting past it. Narrow hallways want something slim and wall mounted instead, shelves and hooks, not a floor piece with any depth to it. And if you've got more than two people regularly using the same door, one small unit never holds enough, you end up needing a second spot for the overflow anyway.
When you're looking at one in person, check that drawers actually slide smoothly and don't just look good shut, open every cubby door, and press down on any bench seat to see if it flexes. On delivery day, check the back panel isn't bowed from the box and that any baskets or liners that came with it actually fit the openings, because mismatched baskets are the most common letdown with these.
For color, I'd steer toward a warm wood tone or a soft black over bright white, since scuffs show up fast on white and it's the first thing guests touch with wet hands and dirty bags.