We have a Graeco one as well and have been using it for 2 years - DD sleeps fine in it. We have also had a mulititude of other babies and toddlers use it when they have come to stay as well. Once you figure out how to put it up and down (takes a couple of goes to get this dialled) it only takes a few seconds to set up.

It has the bassinette part and also a change table which goes on the top and a nappy holder at the end. These have beed really useful funnily enough. I think we got ours using our FlyBuys Points.