I must preface this by saying that I adore anything Pink Sugar-scented.
If you're not familiar with the beautiful perfume by Aquolina, head to your local Sephora and sniff away. The descriptions online convey a product that might be a little too "girly" or childish; see the references to childhood memories and cotton candy?
The scent of this lotion matches perfectly to the perfume with the same name. It's not for kiddies at all. It's sexy (peppery and musky notes) as well as fresh (citrus galore). Of course, it does have a pink and fluffy side, with sweet fruits and candy notes. I have never notice a change as far as dry-down goes...the perfume does not change on my skin, nor does the lotion--a big plus for me.
Sadly, the scent is all that this lotion has going for it. If you're looking for a creamy lotion, the name will mislead you. This is a runny product. The name really ought to be "Body Milk" due to the texture. It's very hard to get out of the tube without dripping the product everywhere.
Moisturization-wise, the lotion lends a lovely sheen and makes me feel soft--for a little while. I cannot find the ingredients anywhere on the package, but I assume they are not high-quality, as my skin is as dry as usual by morning.
Overall, if you really like the scent of Pink Sugar and want a light, flirty sheen, go for the lotion but be warned that it's runny and pricey!