I attended a party here the other night. The party was a gift from George Maloof to one of his valuable employees. If it's good enough for him, it's good enough for me. :P
This place is the ultimate party place. The floor to ceiling windows make for amazing views of the strip and the rest of Las Vegas. The pool is heated nicely, and the view from the end of the pool juts out from the building. There are tons of couches and chairs to lounge on... and this is only the first floor! You can choose to take the elevator or the stairs to the upper level, which includes a massage room, sauna, gym and rotating bed. My favorite part was the giant jet tub surrounded by a curtain of beads, and a rotating bed. There's even a glass shower open to a floor to ceiling window for all you exhibitionists.
If you have the $$$$$ and are looking to party like a rock star, this is a great place to do it.