we have a bassinet. but we got it second hand for only $15 (well my mom did

).
If she hadn't gotten it for us, bubs would be sleeping in the baby suite we have.. it's like that one up there but full size. It's got the changer/bassinet/play pen all in one. OH's sister bought that for our baby shower.
And if that hadn't been bought for us, we would have been setting up his crib.

So.. the only reason we are even using one is because we have generous family!
I wouldn't worry to much about it. If you dont want to use one or cannot afford it, then dont. It's really just your preference.