when i was pregnant with my first child - the whole time i was my baby is going to sleep in it's own room in the cot from the day we bring it home, so we brought a lovely cot and i had it all set up ready for bubs for when we came home - well the first night home i just couldn't put her in the cot away from me in the other room i was just to upset - what if i don't here her cry (even tho i had a monitor) what if the cat goes and sits on her face (cat was locked in the garage) what if she chokes on vomit and i don't hear her - omg i was driving my dh crazy, i was in tears for most of the night and spent most of the night walking down and checking on her - dh even tried moving the cot into our room at around 2am but it wouldn't fit through the doors. next day i found the phone number (it was in a parenting magazine) of a company called hire for babe and we hired a bassinet (back then in 1998 it cost us around $50 for 3mths hire) it was a lovely bassinet with the netting and everything and nice and clean as well - don't know where you are but i think they may be an australia wide company.

sorry for the long post just thought i would post my story here, because i remember way back in 1998 when i was thinking the same thing - seems like a waste to buy a cot and a bassinet

good luck