For our cosleeping family, worth every penny, and an absolute must have!
I actually have bought 2 over the years on Craigslist for cheap ($50), nearly new.
Its the perfect height to reach over, scoot baby into your bed to nurse, then scoot them back into the cosleeper, all without getting up. Awesome!
It's also very safe and sturdy. We have kept baby in there until maybe 9 months? I wouldn't leave them alone in there for naps, when they can crawl out on their own, but at bedtime when you're right there next to them, it's fine.
Mama to "The Fantastic Four":
DS 02
DD 06
DS 09
DD 12