The Point dress code is coat and tie every night with black tie suggested two nights a week. Looking back, we did so much room service this trip because our dog had been sick and we didn't want to leave her with a sitter....so we easily could have done room service at The Point. But then I'm sure we would have been sorry to miss the communal dining. We enjoyed that in Africa.
Other factors in our decision included proximity to the town of Lake Placid (LPL closer to skiing, ski rentals, etc.)
There was also the cost. With the 3rd night free, our total bill for 3 nights ended up being what we would have spent for 1 night at The Point. We weren't drinking expensive wines in that calculation
of course. We also compared The Point's prices to Twin Farms and were a little put out by the differences between two all-inclusive properties we would have considered comparable....The Point being at least a couple hundred dollars more per night IIRC.
I still think we'll get to The Point, though. Maybe for a warm weather stay. We'd like to try those little boats. :-)