I think Target's "quality" has gone down over the years... about 10 years ago, we got a bunch of Target furniture, still have most of it. The coffee table warped though, and we got rid of it. Still have 2 endtables, i think I will paint them to give them a new look. Our entertainment unit is really beat up now, but survived 2 moves and kids. Dh wants a flat screen anyway though so we will probably get rid of it within the year. The bookshelves have all held up but they don't get heavy use, just sit there lol.
I don't think what is in the stores now is across the board as good as what we bought, except for stuff like closetmaid which is pretty decent and you can get that elsewhere.
We love IKEA though... they are opening a store in Charlotte this month, we plan to go in March once things calm down a bit!