I absolutely adore my kinderkot, one of my best purchases IMHO.  So much so that if I can scrounge the money together I plan on buying another one (for K) next week at the P&C show. 
We've taken it overseas where it was Z's only bed for a month.... we've also used it while I've been at a friend's house and K needed a nap.... so total versatility.  It's far smaller and lighter than a traditional portacot and I personally find it easier to put up and down.  (Taking it down has a slight learning curve... but after you've done it a few times it's a cinch 

 )