I was here recently for RailsConf at the expense of my employer. Ignoring expense, this is a great hotel. I've only stayed in a few expensive hotels stateside like the Newport Marina and the Mt Washington and while not as breathtaking as the Mt. Washington it beats the Marina hands down. The pool deck was beautiful with a constant breeze and flowery trellis throughout. It was definitely what won me over along with the great exercise facility. The entrance is impressive and the bar was cool if dead compared to downtown. The view from my room was nice. Service was good all around. Room service breakfast was very tasty and perfectly prepared. In the end, it comes down to price - we had a discounted rate for the conference - not sure I'd be ready to shell out $300 a night if I was on my own vacation.
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