Really great hotel overall! If you've stayed in the Venetian rooms, the Palazzo rooms have the same lay-out but are a bit swankier... I love the wrap-around velour couch in the living room area, the modern-style is nice, and the beds are super comfy too!
Some of my favorite other things about the Palazzo include the conveniently-located Coffee Bean, Morels restaurant for brunch, and the casino. I have to complain a little that they were not good about making up our room, there were no q-tips provided (random but I think every nice hotel should give q-tips!), and it cost 1/2 day's rate to get a pretty late check-out. Also, we gambled a lot but didn't get even a little something comped...
The Palazzo is pretty great overall though and I hope to be back sometime soon! :)