Margaritaville is the highlight of this property, in my opinion. I love their volcano nachos, and the show is worth seeing. However, the drunks do seem to congregate here, as I read in another review.
This hotel is not somewhere I would choose stay, so I cannot speak to the rooms. I have a feeling that would take a star or two away from this rating. In looking at their site, the rooms appear to be updated. Regardless, there are so many deals at even the top properties in Vegas that there is no reason to try a room here. The location is fantastic, right in the heart of the Strip, across from Caesar's Palace and close to everything.
I have played in their casino and it is nicer than a few of its neighbors, but not by much. Just a casino. I will tell you that if you like playing on the cheap, the neighbors have lower minimum bets on most tables.