Hi,

We just got it last weekend. Checked out reviews online, and nobody had anything negative to report.

It's literally same as the Bugaboo Cameleon. Compare the two:
Bugaboo Cameleon: Bugaboo Cameleon Stroller - Complete here at Bebe Online
Bebe Ace: CNP Brands

And it did get a design award:
2008 International Design Excellence Award - IDEA

Just one thing, if you have a small car, you may need to see if it will fit in the car boot. But that is expected if a pram has big wheels. It does fold quite well. It can be folded both by detaching or not detaching the seat.
The 2 big wheels are inflatable, so makes the pram longer lasting, and more comfy on not-so-smooth surfaces...meaning less jerks for the baby while on the go.
We will get to use it only when bub arrives in Dec though, so I don't have any 'practical' experience on using it.

Hope this helps. Good luck with your pregnancy!

LD