Lets start with this statement: I think this is a nice hotel.
HOWEVER, a regular of the Wynn, Aria, Bellagio, and even Venetian, this place feels like its trying to be something its not. The clientele is a bit trashier, the service is a bit less warm, and the food selection isn't as robust as the others that I've mentioned.
The best thing about this hotel are the balcony-equipped rooms, although not all rooms have balconies. I felt the beds are as nice as the Wynn's which are my favorite beds. Their suites are also much more comfortable than the regular rooms.
Their toiletries that come with the room are also top notch.
This hotel definitely has a boutiquey feel. Their crowd is a bit younger and I hear their club, marquee, is the hottest club in Vegas at the moment, but it still feels like a hotel that is trying too hard to be hip, a second rate hotel masquarading as top notch one.
So, my final diagnostic is that its a nice hotel, but if you're looking for a classier crowd in a place that pays attention to the details, the Wynn is where I'd recommend.