I'm so glad I bought this - it's a big piece of furniture and takes up most of our small bathroom but it's totally worth it.
Here's what I love:
1. It's high
I'm 5ft9 and this is perfect for changing - no back pain at all (and I've got a dodgy one). Because of the height it's also really good for chatting to and making eye contact with your baby - now he's 12 weeks and very chatty I think he likes it more than his playmat.
2. It's really well made
Nice and chunky, easy to clean, comfy changing mat with high sides, lots of useful storage - I keep all his clothes in the bottom and the middle trays are the perfect size for nappies etc
3. It's easy to put together
I did it with a sleeping 3 week old strapped to me in a baby carrier (and he stayed asleep!)
I wouldn't buy it for the bath - my little boy is tall but he was out of it by 7 weeks and getting him out and then the top back down for drying him on was a bit tricky (plus bathtime splashing soaked the clothes storage on a couple of occasions). That said, the small bath felt reassuringly secure to use while he was so little. Just make sure you put the plug in before you fill it... Now we don't use it anymore, it makes a useful storage space for wetwipes/nappies etc.
An expensive buy but has turned out to be well worth the money.