no! no! no! The strip is precisely where you will want to be.

Stay somewhere on the strip, perhaps near the middle. I am not a fan of Luxor - I think the rooms are eh, and the hotel doesn't offer that much of interest...in that same price range and quality of room, I'd look to MGM, Treasure Island, and New York-New York. There are great deals to be had - be sure to sign up for the various players' clubs on the website to get email promos sent to you. Also look at www.smartervegas.com for deals on hotels.