Wake the Baby Up
The more I come in contact with first time parents, the nuttier I think most of them are. "Make sure you wake the baby up around 10:30pm to get the last feeding in." Uhhh what? Wake a sleeping baby just to prevent YOU from having to get up at 1am? Why would ANYONE do such a thing...seriously I want to know.
I find that first time parents prevent their child from sleeping just to accommodate themselves from not getting sleep. Put it this way, if your baby fall asleep at 7pm and is still sleeping by the time their next feeding "should" be, there's no need to wake them up. YOU should be sleeping when the baby sleeps. Therefore, if the baby wakes up at 1am ready to eat, get your butt up and feed it. You are setting your baby up for disaster by waking it out of a deep sleep.
Let the baby sleep. Do not wake the baby up.