I stayed here in May, it was okay. The room, although non-smoking reeked of smoke, but was clean. The hotels are a walk from the main entrance though, so bring a rolling suitcase!
TOO many children, which I find hilarious since they have the party pit with the half naken women dancing around on stage (which is rather entertaining none-the-less).
We didn't have any luck at this casino though and the table hands were unfriendly. I always like to have friendly table hands who help make gambling fun. Even if I'm losing money, if I'm having fun I'll stay a while. It's no fun to lose money with no smiling though haha.
Dick's Last Resort is a must visit for those not faint of hear (NOT KID FRIENDLY). It's my favorite restaurant and probably Excalibur's redeeming factor. If not for this restaurant they would probably only get 2 stars from me.
In the end, you get what you pay for. It's cheap and it will do. Who really spends that much time in their own room in Vegas anyways?