The VIEW is a decent hotel. You are paying for the View as the rooms are pretty basic. You cannot beat the location. as it is built right on the rim of the valley. I have some pretty specatacular pictures from the couple of weeks that I spent up there.
If you go, ask for a room on the third floor, I believe that they call these the Star View rooms as they open up to the sky on the balcony. The Views are a bit grander.
The restaurant is ok, but nothing special. The food is good and they have a decent salad bar. The breakfast is also pretty nice. A lot of the sandwiches on the lunch menu are named after famous visitors to the valley. Some good Navajo specialties as well.
Rates seemed to be in the upper 100's, - 200's. Again, you are paying for the view.... I believe you also have to pay $5 per person to enter the park where the hotel is located.
Take a camera and enjoy!