UAL Traveller,
I was there over New Years (last year), and the resort was definitely full. The difference in terms of privacy that I was trying to allude to was subtle, and may simply reflect the relative lack of vegetation along the beach bungalows.
By no means do I mean to denegrate the resort; it offers everything that makes the Four Seasons such a terrific hotel chain. And I would definitely use the hotel again, which is the ultimate complement I can offer.