Built In Space Saving Strategies

As we face the prospect of living in our two-bedroom apartment with a toddler and an infant, my brain loves to spin and spin with ideas of how we could make our tiny space work.  You already know that I love apartmenttherapy and their Small Cool Contest is on again, where they celebrate the art of living small.  That's where I found this great little set-up, (the website is French, but just look at the picture).  I don't think it'll work in our kids' room, but we may be resorting to some sort of similar bunk/loft idea eventually...