Right, the first thing I would say is ignore any ideas you have about room layout. I remember putting DD1's crib where there was room to squeeze past it to the bed. Stupid, stupid idea. Spent the first couple of nights sleeping with my head at the footboard because she'd only go back to sleep with my hand on her tummy. Put it as close to the bed as you can. You can always move it in the day/to get to the wardrobe. They aren't heavy.
I would personally advise against books, MNing on your phone, lights, etc. It wakes the baby up more and it wakes you up more. It is far harder to get back to sleep if you've reached a 'daytime awake' state during a feed. You want it to be a bit like when you stagger to the loo, get back into bed and hardly notice. Other people who have long night feeds (ours were only ever about 10 minutes, but every 2 hours) might disagree.
On the co-sleeping, you have to make up your own mind. I was adamantly against with DD1, but by DD2 I did basically from birth. I was far safer driving the car, crossing the road, etc during the day as I wans't delirious from lack of sleep. And I had a toddler to look after. Also be aware that, if you find yourself falling asleep during night feeds, that is far, far riskier than safe, pre-planned co-sleeping (even if your phone alarm goes off 4 minutes after you fall asleep, though I agree that's a good tip). So whilst the ideal might be 'feed baby and return to moses basket', sometimes what that actually means is 'feed baby, fall asleep with baby surrounded by duvets and pillows and be unsafe from sleep deprivation during the day' when obviously your risk assessment may be rather different.
If you do co-sleep, duvets shouldn't be anywhere near a young baby. I don't know how old they would say is ok, but even in their own bed with a toddler weight duvet isn't it about 18 months? If you google safe co-sleeping you can find lots of guidelines.
I hate to break it to you, but there is a good chance that your baby will still be waking numerous times through the night by the time it is ready for its own room (not recommended until at least 6 months). Fingers crossed you get a good sleeper!