We have one! And we still use it...

I'm pretty sure Lucy has surpassed the weight limit, but she fits in it just fine. I LOVED it when she was itty bitty and not mobile. It was so convenient and it felt really safe to have her close, but not in the bed with me.
When she started to crawl, though, she would crawl out of it and into bed with me. By that point, she had probably outgrown it, but I liked it and wasn't ready to move her to her own room, so she stayed there. Now she crawls out of it and into bed with me most nights..
If you move the baby out of it before she starts crawling, or if you don't mind her crawling into your bed, I think it's perfect!