He fell out four times the first night (once totally silently--Josh just happened to check on him and find him on the floor). The next three times were accompanied by much yelling and indignation. I finally gave in at 5am and brought him into bed with me and Josh.
The next night he fell out once--again, silently. I found him sound asleep under the bed at 10:30pm. Last night he didn't fall out a single time.
But, still, he hates the new bed and is pretty pissed at us for making him switch.
Getting rid of the dresser freed up some floor space for more toy storage. Because, you know, every kid needs THREE WHOLE ROOMS packed with toys.