We've purchased a wooden cradle too (Boori) which is a largish cradle so should suit bubs til they're quite a few months old. When she outgrows it, then we'll pop her into the full sized cot. For day sleeps, I'll have her in the port-a-cot downstairs with me. Having a quick squizz around at basinettes, they really do vary in price (as does everything else!)