UM yep this is awesome!!!!! And It would cost me $5 plus a few hand me down 2x4 then a few more dollars on paint. Overall a cheap project and bragging rights. After construction I would make a bottom cushion and pillows that are Euro pillow shape with a few simple throw pillows. I would use a bring modern fabric to off set the shabby-chic look.
Dresser Turned Bench- might take this idea and throw my own spin on it. make it lower to the ground. and ea. kid a window seat in their br. use the drawer to put blankets or as storage... a throw pillow to match the seat and maybe a little bookshelf on the side to hold a few of their favourite stories.