The Flyer ATW is a much-improved version of the old classic. Wheels are tough plastic (probably nylon or Delrin), so no rust. Other hardware is about the same, so expect longer-term issues (paint fade, rust, etc.). The pneumatic tires make a huge difference compared to the old solid ones; the wagon is much easier to manipulate, especially over grass and dirt. The deep tray is ideal for hauling garden supplies and kids. My hardware package was short one 1/4"-20 lock nut, but the package had an extra 5/16" nut (for the front tongue mount). This very good product could be greatly improved with stainless steel fasteners and powder-coated metal throughout., and a tougher paint inside the tray. Durability will always be a limiting factor with metal products, but with today's technology it shouldn't be! Assembly tip: lubricate axle rods and tongue swivel assembly with white lithium grease, not "oil" as per instructions; this is best done before mounting parts.