We saw this cubby bench and thought it could work for us... but there's 5 of us.
So we redrew the plans to add two more cubbies.
I also like the idea of being able to hide everything, so we put doors on.
The issue I had was cutting 1x12 material with the chop saw. Cutting with the circular saw (even with a guide) can sometimes leave you with an "almost" square edge. Even with a 12" saw you can not make the cuts on a 1x12. You need a sliding saw for that.
One option is to cut the boards over sized by 1/4 in and then use the table saw to get a square edge with the miter gauge or rip fence.
I only worried about this due to putting doors on the cubbies. It's your using baskets you don't have to be so exact.