I like the Paris. I don't like it as much as I like the Venetian, but... eh, you know.
I stayed at the Paris with two friends during a Hen Party weekend and I do love the location. They also have the most fabulous public bathrooms on the Strip. Trust me, ladies, photo ops abound in the Paris bathrooms. Just don't be shy.
The room was large enough for three girlies to fit comfortably and we loved the location since it was central to everything. Also, splitting it three ways made it super reasonable. We hung out by the pool one day and I enjoyed it, though I wouldn't suggest the overpriced cabanas. The chaises are just as fun and you can still have alcohol and section yourself off.
I would stay in the Paris again. If I got the chance to stay in the Venetian instead, I would, but the Paris is a great second choice.