Laminates - The Good, the Bad & the Ugly

Is that a hardwood floor I see, or is it laminate?  These days it’s difficult to tell the difference.  New materials and technology are bringing laminates to forefront of household flooring choices.  It no longer has the fake floor look as it once did, and is now considered quite acceptable as a budget flooring option.  What’s the good, the bad and the ugly of laminate ‘wood’ flooring?

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