I didn't use this for Graduation, but used this as a Father's Day gift for my stepdad. I put a picture of him, my mom and myself (a black & white original and made it sepia tone for the gift to show up better). I then used a poem from one of the other FD gifts about how a stepdad has through the years has never made me feel like I was not his own. I also bought the black easel for it.
I LOVED it. My dad loved it. The photo is put on the solid wood very nicely, although I wish you could change the font. While the font is pretty (something similar to Old English font), my dad did have a LITTLE bit of trouble reading it. I read it to him, which was nice anyways. The photo showed up and is easily seen while not being too bold below the writing.
One bummer is it went on sale 2 days after I purchased it. However, it was beautiful and I would purchase it again.