we like the paint
Yes, it works. Yes, it's safe...as far as my experience goes. We purchased ours at 8A (ochoa) in Santiago although I am sure it's available most everywhere now. It's a bit more expensive than the standard paint and your color choices are slightly limited as well but it's well worth it.
We painted our daughters room with the paint before she was born and with open windows as well as a fan, the odor was gone within a day or so. This room is also screened but I have only seen a mosquito once since painting.
As far as safety goes, our very young daughter licks the wall on occasion and she's yet to fall ill from any of these open-mouth-moments. I doubt that this is recommended but it happens, right?!