Hanging Fabric Cradle. OMG is this cute or what?????? You have to buy the pattern from etsy but it's cheap and the pattern is then yours and you can build as many as you want! wouldn't this be an awesome shower gift??? GENIUS!
DIY Co-sleeper made from a $69.99 IKEA crib! I actually really like this one and it would last a LOT longer than those teeny tiny ones they make for newborns. Plus it gives the child "their own bed" feel if you're having a rough night.