NYC Girl,
I’m also planning a trip there (IC Thalasso) for around April or May, and have done some research into the resorts around the islands.
‘Looks like
szg answered your questions quite thoroughly, but I would like to include this URL, just in case you haven’t already perused it. It is a very nice image bank for all the IC properties in French Polynesia. If you have not yet seen this, you will all the more look forward to your excursion there – Enjoy!
http://www.ic-pix.com/hotel.php
Rumour has it, during WWII, the US forces placed a base on Bora Bora, and when the war was over, many servicemen had to be forcibly removed from the islands.
Seeing these pictures gave me some insight as to why… 
I hope to book one night revenue, and use points for the remaining 10 or so nights, with the hope that I can upgrade to and keep a really nice bungalow with my RA status…