I made this for my 5 year old niece for Christmas...she loved it! Got a big hug without her parents saying a word.
Considering it's only my third woodworking project I was pleased with the results. Her Mom has requested one for London's baby brother; if I learn from my mistakes that one should be even better.
I painted all of the pieces separately before assembly, so the project was spread out over several days. If you're good enough to paint it all at once it's a weekend project.