Pros:
1. 24/7 bowling alley with 70 lanes. If you go after midnight on a weeknight, the games are a dollar a game. The bowling alley is actually rather nice and actually have shoes in half sizes and balls of every weight and size.
2. Decent arcade.
3. Cheap.
4. Shuttle running every 30 minutes or less that drops at Bill's Gambling Hall (between Flamingo and Bally's across from Caesar's Palace) and the Rio (across from Palms - the party hotel).
5. Kojiri (Chinese/Sushi) is decent food at a reasonable price.
6. Movie theater in the hotel.
Cons:
1. The Shuttle only runs from 9am to midnight so if you want to have a party night out, you'll be cabbing it back.
2. Old. The carpets are worn. Much of the decor is dated.
3. Buffet. The dinner buffet was sad. Wilted lettuce with brown spots on the salad bar. Over boiled corn on the cob. Flavorless cuts of meat.
4. Pool. Dinky and overcrowded.
5. Terrible temperature control in the rooms. The air conditioner blasts on until you get chilled and need to put on a sweater, but then cuts off long enough for you to strip off the sweater and then start sweating. There's no way to get and keep a room at a comfortable temperature.
Other information:
There is the Dejavu adult emporium across the street in one direction if you are interested in shopping for some wear-once-and-tear-off lingerie, "marital aides," or adult videos. There is the Dejavu "gentleman's club" across the street in another direction if you would like easy access to a strip club.
All-in-all - If you have to stay off-strip, this isn't a horrible way to go. The shuttle makes it more convenient and cheaper to get to the strip than staying on Fremont St, and there are quite a few family friendly activities. But do your homework. Often, the Orleans is not any cheaper than NYNY which has a rockin' location, Excalibur which is family friendly and has a great location, or Circus Circus which is also very family friendly.