This is the older model!
My husband purchased this at Albee baby a couple months ago. When we attached it to the crib we noticed the ribbon on one of the 2 flaps was sewn to the wrong side. We contacted the company, which agreed to send a replacement, but also told us this design and model were discontinued in 2013. The newer versions of this baby liner have 3 ribbons per flap so they don't sag when affixed to the crib, which is great. This older model has only one ribbon per flap, so it was easy for our baby to pull it down.
ConsIt's the older model.