We were at the Palazzo for the Grand Opening weekend for my friend's Bachelorette party and it's EXACTLY like the Venetian. The rooms are super spacious (about 700 sq. feet) and in addition to the "bedroom" area, there's the little living room space that has an L shaped couch, desk, etc. Super NEW....everything smelled brand new and I didn't feel gross walking around without shoes.
The casino is also really clean - although there was this smell that resembled the smell of a stink bomb that we kept smelling. Wasn't sure if we were just trippin or not.
We ate at the cafe/restaurant there (The Lux....I think)....reminded me of Cheesecake Factory - extensive menu list and so did the ambiance. Very reasonable prices too.
One thing that sucked, was that we were debating whether or not to play craps before or after lunch.....so we figured they wouldn't raise the minimum ($10) to anything higher within the next hour or so. BUT THEY DID...raised it to $15 by 3pm. OH well...