Amazing all around! The fountain view room was absolutely stunning! The room itself was spacious and pristine. The pool area was very nice and relaxing-- but make sure to go early to get a seat! I ate so much food at the Bellagio Buffet that I waddled across the casino. All of the staff that I came across were very accommodating and friendly.
I like that Bellagio is centrally located on the strip. It is quite easy to get to all of the surrounding hotels (City Center, Paris, Planet Hollywood, Caesars, Venetian, etc.).
Note: They do offer military discounts!