I didn't love Amanfayun, either, but Hangzhou is a great city and I look forward to returning to try the FS.

In response to your question, aesla11, Amanfayun is a bit out of town, probably a 20-minute taxi ride to the West Lake waterfront, so no big deal given how spread out the area is. Besides the temples on-site and a small tourist village, there isn't much to walk to from Amanfayun. The Four Seasons, while closer, is also not in the main lakefront area, so if you want to step out of your hotel in a pretty environment on the lake and in the city, then the Shangri-La, Hyatt, or other hotels are closer.