Todd English's Olives has a brilliant view of the Bellagio fountains that'll captivate you. The scallops I had were really great too, not overdone and filling. The mixed drinks from the bar took a small while to get back to us, and the ice cubes had almost dissolved in our On-The-Rocks drinks. If we weren't so sated by the carpaccio, we'd have been miffed.
All in all, a reasonably priced experience with a great appetizer of breads and olive spreads, and good follow-through entrees. We couldn't get a patio seat though, which would have been nice at night. But it's a busy place with a great view, so try to get one!