I am also going to the 2012 Olympics for about a week.
Is IC a good choice base on its location? Or any other hotel ( HI / CP) which is better? I am an RA though, so I prefer staying in an IC. Yes I am going to use a lot of points and hopefully there is a pointbreaks there.
I have just observed that when there is a huge event in a particular place they offer nice hotel near the area. Like the last World Cup ( IC Johannesburg) and a huge boxing fight and Superbowl in Dallas last year ( I got IC Dallas and lots of CP/HI nearby).