The cymbals, the hardware and the snare aren't toO great compared to my expectations but ya that is just me. The cymbals and the hardware definitely have to be replaced but other than that they are good! The toms and the bass drum are great! Eventually the skins need to be replace but after that beautiful!
I have been playing on these drums for 5 years and they are fairly good but i would go for something better for less.

I love the snare drum and the floor tom, great sounds and a good rock sound. The hi hat stand was a bit to figety but not to bad and the bass drum, it was too deep but nothing a pillow can't fix.

After 1.5 years it still sounds great. Although some parts need to be changed (eg. cymbals, snare, hats) cuz the peavey ones just dont give me the sound I'm looking for. Overall good sound.