I stayed here for one night a few weeks ago. The hotel is definitely geared towards adults, with its topless (optional) pool area and free adult channel, so I'm not sure I'd bring children here.
The rooms are nice, modern and stylish. Everything was very clean and fully functional. The bed was very comfortable, and the rainshower was a nice touch. The safe was even large enough to hold a 15" MacBook Pro Retina, which is a huge plus.
I definitely enjoyed my stay, but I'm not sure I'd return unless the price were right. I say this because it's located off the strip, albeit not too far, so (for the right price) it's worth it if you don't mind walking or taking a cab.