Highly prefer the dedicated. You do not have the kitchenette in the second bedroom but you get extra closet space in its stead. Having two real beds in that room beats having the pullout couch. And the best difference is the balcony. With the lock-off there is a wall on the balcony between the studio and 1BR, which both separates the group and reduces the view of the savanna. The dedicated’s open, long balcony running the entire way across the rooms puts everyone together on the balcony and gives the better panoramic views.