Me too. Trying to transfer babe down into it is really awkward from a sitting/laying position, and he tends to wake easily anyways. I bought extenders (I hadn't heard great things about their extender kit, so I bought 8 inch high wooden bed leg extender things from Bed Bath Beyond which work the same way) and also an organic mattress which I placed atop the regular mattress to add height and his mattress is still a good 6 inches below mine.
Also, there is a big gap which is definitely a safety hazard.. I figured at least with the cosleeper, if he winds up in bed with me or we fall asleep nursing it would act as a bed rail- but I feel it is more hazardous to have than no rail at all, as there is just no way to get it flush against the bed and there is a gap which a baby could easily get wedged into.
I also found that assembling the frame was difficult- when you have to get those little tab things through to make the frame for the mattress, you have to reach in to do it, thus preventing it from being tight, because your hands are in there in the way of it- does that make sense, or am I missing something? I had the hardest time with assembly, especially that part, and now I really do just use it for storage, and almost feel unsafe with the big gap. If they set it up so the top part extended closer to the bed than the bottom (since the legs are against the frame of the bed, which is obviously not going to be flush with the mattress) it could work but they would have to change the whole design..
But yeah, I'm with you all.. it's a glorified storage basket at best and a safety hazard at worst.
eta: moodyred01- how did you get the edge to be up tightly against the side of your bed, so there isn't that big gap a baby could get stuck in? Or is there? I had thought about taking that extra rectangular swath of fabric, that extends like a foot and a half out along the whole fourth side that goes along the adult bed's mattress, and taping or velcro-ing it down somehow in between my mattress and my box spring.. anyone tried that?