I had a borrowed cariboo basinette and a moses basket. I ended up using the basinette at night and the moses basket during the day.
Next time we'll just use the moses basket. I loved the portability of the moses basket... I could carry Michaela around the house with me without actually disturbing her sleep.
We don't have a stand for ours but will probably set up the cot and put the moses basket in there when the time comes to keep the baby out of reach of our toddler.