I like Luxor a lot but there are definitely some down-sides to it.

-If you can get one of the recently renovated rooms, you'll be happier than with the unrenovated ones. Kind of goes without saying but at Luxor, especially in the Pyramid, it makes a huge difference

-The location is great because you can walk to MGM-Grand, NYNY, Mandalay, Excalibur, etc and get a change of scenery without taking a cab

-If you get a Pyramid room, request a high floor. The first 5 floors or so in the Pyramid are quite noisy because they're practically in the casino

-The one-bedroom suites are well worth the upgrade. Very spacious, comfortable, usually on or near the end of a corridor so it is quiet, but even if people are making a racket in the halls you won't hear it

-Check-in can be a nightmare, especially right at 4pm and again closer to midnight when the last planes from the East Coast arrive. So if you plan on getting there around those times, you might want to opt for baggage service and check in when the line dies down. Or get a Towers room because there is a separate checkin a level below for the Towers

-I've seen Luxor screw up a lot of the "simple" stuff like checking people into an uncleaned room (seriously my friend checked in and it was clear from the unmade bed that no housekeeping had been in there after the last guest) so bring your patience just in case you need it; they are pretty nice about taking care of their mistakes once you talk to the right person so if you have anything to complain about, make sure you are talking to a supervisor or manager and not just a regular front desk guy

-Try not to prepay for the room if you are a gambler because their Players Club comps have been very generous lately. If you do have to prepay, just make sure your bartabs, dinners, etc go on the room charge so they have a balance that can be comped

They have given the gaming floor and lobby a bit of a makeover recently which opened up a lot of space and seems to have done wonders for crowd control--- for a while there it was impossible to get thru the casino without getting stuck in with the LAX crowd which can sometimes be a pretty icky crowd to get stuck in. But it seems a lot more open and manageable there now. I find the dealers and pit bosses to be pretty friendly and while it's not the most high-energy place to gamble, it's still got a good vibe and a fun place to spend some time gaming

Personally I like Luxor a lot, never stayed at PH but I don't recall there being much around PH so you'd be cabbing everywhere....