I stayed here in March'10 and thought the place was alright, nothing to rave about but here was my experience:
PROS:
1.  Location was good for what I was there for (work)
2.  The nightly rates were really cheap (this had to do with my company more than the establishment though)
3.  Easy enough drive to/from the airport
4.  You can almost bypass Phoenix altogether getting to Scottsdale.
5.  Their was plenty of shopping places about a mile and a half up the road (think Best Buy, Target, McDonalds, etc...)
6.  A pretty happening restaurant/bar up the street that gets two thumbs-up
7.  The rooms were actually really spacious and nice...it was like having a luxury one bedroom apartment scaled down for size (full kitchen, massive bathroom, den seating area & king size bed in a comfortably sized room).
8.  Hot tub was rockin' & nobody gave us a hard time about having glass bottles out there.
CONS:
1.  Once I checked in, I had to lug a ton of stuff over to a room in the one of the back buildings and I couldn't see my rental car (maybe I'm weird...but I like to have my car close by)
2.  I unpacked and got situated to find that the internet in my room wasn't working (Must have!), called the front office and they had to move me to an entirely different room (mind you I just unpacked...AGH!)
3.  I ate dinner a couple times with co-workers in their lounge, & while it was good...it wasn't great, so we all ate at the restaurant/bar up the street the rest of the time.
4.  Be aware, you stand a decent chance of see spiders looming around...so you have been warned, but otherwise it's real clean.

I'd stay here again pending that I got the same room rates that I did last time, but it's my understanding having talked to the girls at the front desk that we got booked at unusually low rates.

***Don't get sucked into any of that "time-share" crap...they don't push it like some other places I've been...but it's NEVER a good investment***