Haha I love Betty N's review! Honestly, I can't say that I have ever had a bad time in the Excalibur probably because I took it for what it was going to be which wasn't the best on the strip and I have always consistently had a blast here.
I MUST plug Dick's Last Resort in the Excalibur because it is probably the most crazy fun I've had in a restaurant in Vegas. I think a few times I was doused with beer and dragged out on a chair with toilet paper in my face. Don't ask.
Regardless, yes this hotel smells like smoke on the first floor(s), but in the towers which is where you must stay at least in one of the upgraded rooms, the 42" LCD is a nice touch, the beds are not bad, the carpet is in dire need of a revamp and the shower clogs. But it's $22 a night. Can ya beat that on the strip with a 42" LCD?
I just think the Excalibur keeps the child in me alive, sort of, and they have $5 minimums on black jack, a fun wanna-be circus circus downstairs and the rooms really aren't that bad! (yes the elevators didn't want to make me want to cry). I highly recommend it if you come with a group of people and want to crash for extremely cheap because this means you won't have to sleep next to a smelly person you can get your own room! Wooo Vegas!