I would have loved this as a kid – heck! I’d love it now! Only I’d need it to be just a little cushier for the ‘more sensitive’ bones…
This is just one of a great collection of reading nooks over at Buzz Feed. Wonderful way to encourage kids to read at home. Wouldn’t it be great to create a few of these nooks in the library?
Beyond Survival in a School Library 
I’d use that nook in a minute. When I was a kid, I used to go into my bedroom closet with a book and a flashlight, when I was supposed to be sleeping. This is obviously more comfortable — though it might be more accessible to parents.