I have a black one that I also bought on Amazon (I think mine came from CPO). Shipped UPS freight.
The drawers do lock. There is a lock/unlock lever under the top. If you unlock it, the drawers will open even with the top closed, which I like. And if you lock it, none of the drawers will open, even with the top opened.
The drawers are rated for 75 pounds, which is pretty good because I doubt I'll put more than even 50 pounds in a drawer. Although, to be honest, the drawers and slides seem beefier than some of the premium craftsman boxes, which also have a 75 pound rating. So take that as you want.
It holds quite a bit if you're organized. I've got deep and shallow sockets of the 3 common drives, way more ratchets and extensions than anyone really needs in all 3 drives, several sets of screwdrivers, multiple wrench sets (flare, combination, and ratcheting combination, and larger 21mm+ wrenches) along with an M18 Fuel set (charger included) and an entire drawer full of misc tools, and I still don't have it more than half full.
The screwdriver/pry bar holders in the top are nice too, and are part of the reason you can fit so much in it.
It's a good tool cart for sure. I was planning on getting one of the krsc46 carts, but this was way cheaper while still maintaining a good quality.