We feel the Bellagio is seriously overrated. Yes the shops are nice (and expensive) and the restaurants have good food - but we found the rooms to be modest at best. Especially compared to the room we had at the Venetian - for $40/night less than the Bellagio room which was smaller and more ""plain"". The water fountain is nice to look at, but not that entertaining for me.
Pros: pretty, popular, nice shopping
Cons: sub standard room, overpriced, nothing special
more