This does what it says it will do.  It is a cot with a tent enclosure.  Included also are a sleeping bag, an air mattress, cover for air mattress, a pump for mattress, an inflatable pillow and a bag to put it all in.  
It does get you off the ground. It will give you privacy when the door is zipped shut. However, the tent cover is not a true tent by today's standards - the 'tent' sides do not seal to the bottom (or cot), it really is just tent material draped over the side. So if you're in a bug free zone, this will be a great single tent-cot for you. But otherwise, mosquitos won't have any difficulty getting inside.