How cool was this place when you were little? Seriously... it was like Disneyland minus the rides. Well guess what? You're not a kid anymore and the place is about as cool as Disneyland minus the rides. Did I say that already?
The hotel hasn't changed much over the years. The rooms are decorated with ordinary hotel furniture that has seen better days. It's a great place for you and some friends to crash especially on the strip but if you're bring a date... go somewhere else. Unless he or she has a castle fetish, spend a few extra dollars to stay at some place nice. If you've read my reviews. I always refer to the old saying, "you get what you pay for."
Take a look around the internet. I've often seen discounts for Excalibur rooms on their hotel website, expedia, or american express website. The discounts I've seen and used from american express are discounted rooms and a $25 dollar credit towards dinning. (I suggest eating at the Sherwood Forest Cafe.)