I lived very close to Miracle Mile Shops and went here almost daily. The mall is decent. There's a good variety of mid tier shops here so you won't be too broke if you go here. Planet Hollywood is in this mall. The V Theatre is here too so you'll find a lot of the cheaper shows here.
The mall has an interesting circle layout so you might find yourself walking in circles a lot.
If you have your AAA card be sure to pick up your free coupon book at the customer service booth.