Great!!!
My wife and I went at the end of June into July of 2006, and we were apprehensive at first, however we were in love with the location of the hotel the beach and everything about it.
the hotel is farther away though not so far from town so you have to drive into town for shopping and everything tourist do but after a long day of activities the hotel is away from all the hustle and bustle so you can get away from it all.
let me start with the room, we had an oceanview room and it was beautiful, the air conditioner was very cold so we had to compromise a little, the only problem was that everytime the air kicked in the fan was a little to loud for my wife, white noise doesn't bother me. service was a little slow but we spent all day at the beach anyway so they had more than enough time to clean.
The beach was a concern before we got there since I was told it was 100 yards from the hotel, not true at all, we had to cross the street, however we had a very nice beachfront, it was so good that we had visitors from neighboring hotels coming to our beach front to snorkel, which let me say was absolutely beautifull, we went out over 200 yards from the shore and did not even realize it since there were so many fishes to see.....200 feet from the shore is dangerous because the water is deep enough for boat's and they don't see snorkeler's.
the food can be pricey but if you rent a car and ask the hotel employee's, they will tell you where to find ideal spot's in town to eat that are reasonable.
oh by the way make sure you convert american money to cayman money before you go, the cayman dollar is stronger than the american dollar and they charge you for conversion when you are there, if you are staying for a week or more I would do $1000 to $2000 except if you are scuba diving most shop's accept amaerican money.