I would recommend this company to any of my friends. We did the 2d 1n tour around the bay on Indochina Sails 1.
A lot of people warned us to try and avoid the 'party' boats. As it is peak season for Aussie travellers we seemed to be lucky enough to get a boat full of about 14 Aussie couples who were great fun. In this price bracket I wouldn't expect you would get many young backpackers looking for an all night bender.
At night there is also happy hour (2 for 1) which is a nice touch, however as I said above nobody was there to inhale 100's of beers (although I did try my best).
Everything was included except drinks which was fine as the drinks prices weren't too outrageous for a tour of that sort. The meals, that were a combination of set menu and buffet, were sensational. I have included some pictures of what we ate to my review.
Our room was nice and had windows (no balcony or TV) but we seemed to spend most of our time up the top taking in the sites.
Our guide (KOAY?) who accompanied us to each attraction as well as gave us regular updates on where we were going and a lot of background on the area was very knowledgable and friendly. His local background really added to experience.
All in all it was a great cruise and a fantastic way to see a sensational part of the world.
The tip for this one would be to wake up early and do the Tai Chi on the top deck in the morning.
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