Using another waterbed drawer purchased by my husband (see my first transformation here) I made a more rustic/industrial looking ottoman. Not sure if rustic/industrial is a defined style with authentic decorating gurus, but it works for me.
I added wheels to this one instead of legs,
a leather belt handle,
and a heavy wood top that I stained dark.
I made the lid the same as the last one, with 2x4's inside to create a tight fitting lid.
I used some muted Annie Sloan paint colors on this drawer to complete the rustic/industrial look.