Faraway Furniture - highest quality contemporary outdoor solid teak garden furniture including, teak sets, teak tables, teak chairs, parasols, teak loungers and steamers, teak benches, patio furniture, modern conservatory furniture, children's furniture and tree benches.

As I understand it, it should hold the main key phrases but it does sound repetitive (teak). Is this too much?

Hi Shyboy:
I think every page has to be optimize for about one or maximun 3 keyword. That's the first advice I learned (see de tutorial is very helpful)
So, ask your self:
What is the topic of your page? Not your site, your page.
What is the service or product that actually offer this particular page?
What the kw that you found was the best for this topic
Once you have it you put it in the description tag and maybe two secondary that reinforce the primary.

Then you can make pages for the others topics
-contemporary outdoor solid teak
-garden furniture
etc.

Focus the page on one main key word.

I assume you're talking about the description that will accompany your link on some one elses site. If so, it doesn't matter... keep it short, simple and promotional. So if the rare visitor happens upon it they might decide to click.

The actual anchor text is what you should focus on with your exchange campaign. (sorry if I missed it.)