I have a different Baby's Dream crib and love it. I have also seen the Ocean and Ocean V1 in person and think they are beautiful, well-made cribs. I think the Ocean V2 would be the same -- except that unlike the V1, it converts into a full instead of a twin. I'm sure the quality is great.
But, and to me this is a big but, it looks like the Ocean V1 and V2 don't have the safety-gates that most of the other Baby's Dream cribs have (I think the original Ocean has it). To me, that gate is the biggest advantage to the Baby's Dream cribs. That safety gate (which is NOT the same thing as a drop-side) makes it sooooo convenient to put down a sleeping baby. The other thing you need to keep in mind is that when a Baby's Dream crib is extended to it's last notch, it is one of the deepest cribs on the market. That's great for kids because they get more use out of the crib (it takes them a little longer to be able to climb out of it than other cribs). But if you don't have the safety gate, it can be a loooong way down to the mattress when you're the parent bending over the side of the crib to put your kid down. I'm quite tall and I have a tall child but I was still super grateful to have the safety gate to facilitate access. I don't think the gate would have been such a necessity on cribs by other brands that aren't so deep -- but I wanted the deep crib. If you're buying a Baby's Dream crib, I'd stick with one that has the gate.