John -
Just to be sure I'm reading you correctly... It sounds like you are in fact describing a hide-a-bed (or at least something more bed-like, less-jack-knife sofa-like). With the hide-a-bed option, is the bunk above retained or is that lost? Any chance you have (or can point me to) some photos of what you're describing. In the meantime, I'll see if I can find the same photos I saw yesterday (have to have something to show the wife).
Thanks,
doug