There really is nothing going on here these days! It always seems empty on the casino floor, the bartenders are never busy (wait, that does make it easier to get drinks) and there is no "buzz" around the place. Im hoping that when the Sr. Frogs opens up people will come back... but judging by how empty Gillies was... I'm not holding my breath.
As far as the rooms go, they are ok. Its not nearly as nice as most of the MGM properties (not including Circus Circus as it is a dump!) But they have been redone since the last time I stayed there and they are good for the price you pay. (they have great specials going most of the time)
The hotel is at the very end of where most of the good action is on the strip so be prepared for a long walk if you want to see any good shows... but hey, your gonna walk in Vegas anyway so wear comfortable shoes.