A friend gave me a Moby, and I think I'm going to like it. It takes a bit of practice, but I think I have the basics down now. It's a nice wrap because you can use it for newborn-->toddler. The bad thing (I think) is that there is a steeper learning curve than with a pouch or something a little simpler.
The fabric is so soft and I love the colors they have, and DH and I can use the same wrap, which is awsome!
I hope that helps a little bit.
And we are joyfully awaiting a new addition in April 2011! <><
Honestly, the only real difference between the two brands you specified are the names. There's not much that CAN be different between the two, so just go ahead and pick on (based on price, color, availability, whatever) and go for it
Mama to DS R (June/06), DD K (September/07), DS M (October/08), DD R (June/09)... waiting for #5 in late 2013!!
I agree with pp that stretchy wraps are not great after 10-15 pounds. However, I found mine totally worth it for those early days. (Maybe, admittedly, because my peanut was tiny and didn't reach 15 pounds for a long time!)
A good woven wrap is very appropriate for a newborn and will last your whole babywearing career, through toddlerhood. However, it's not as easy to learn for a newbie and is a bit harder to pop the baby in and out.
So for me, having a stretchy wrap was totally worth it, even for the limited time it was useful. I just wouldn't spend lots of money on one. You can get one used for $20-30 usually on the FSOT over at thebabywearer.com
another brand to think about is the Gypsy Mama Bali Baby Stretch. I have not personally tried this yet but plan to with the next newborn. It is supposedly stretchier but not AS much as the moby or sleepywrap, and therefore lasts longer. Also, it is supposed to be cooler for summer.
I really like the fabric of the Sleepy Wrap and I love the way the edge rolls in, but I didn't find it as supportive as the Moby. My baby is pretty heavy, and I had to give up using the Sleepy Wrap before she outgrew the Moby.
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