Has a dimension span of four tiles by six tiles when you lay it out. Also gives Moghancement: Experience which saves you some experience points if you die.
This bed has Elemental Aura: Ice and its strength is 6. Getting +6 ice on a buyable piece is a big deal if you're going for overwhelming ice energy. My mog house is currently lined with 8 of these beds.
Fame 3 in your home nation is needed, as per ffxiclopedia.org I have also had the chance to personally test this information with several mules. Fame 2 will not give you the quest.