This is the coolest, most functional murphy bed that I've ever seen. I've always thought murphy beds were brilliant, but I know in my heart that I would be too lazy to move my furniture around every night to flip my bed down.
Murphy bed idea for guest room, but add second "foot" that turns into desk further down the bed. Store work items and craft items in cabinet. Also, embed lights in top "foot," to shine down on desk, just like ones that shine on bed.