I have stayed at the Blue Parrot a few times over the past two or three years and it has always been the same; a beautiful place to stay, great location and fantastic value.
The resort is located right on the beach with the bar/restuarant having beautiful views over the water to Koh Samui. The rooms are located behind the restaurant inside flowering gardens and are all roughly the same size with different room options - fan/aircon, double/single/twin etc.
All the rooms are nicely decorated and clean with big patio doors that let the light in during the day. There is plenty of storage space, the beds are comfy and the bathroom/shower is great.
During the day the restaurant area is great for chilling out, sunbathing, watching sports, playing pool (free pool table) and relaxing in one of the hammocks. The thai food is excellent (my favourite is the chicken and cashew nut, especially when made by pi maam!) and even though I try to avoid western food in thailand... I can't resist having a homemade pizza once or twice, made in a proper pizza oven.
All the staff are really friendly and make you feel at home. They are always on hand to help you with booking tours, renting a scooter, getting taxis, advice on where to go on the island etc. etc.
At full moon party time they always sell out so make sure you book early. It is a great place to start the party and most of the guests will be going to the full moon so they do drink deals, arrange group taxis etc.
For a drink at night the bar/restaurant is usually busy and open until the last guests leave. Drinks are as cheap as you will find on the island and they do great cocktails.
Wifi is fast and available in the restaurant area. They also have a computer you can use, if I remember correctly.
The location is good although you will need to use transport to get around everywhere, as you would for anywhere on the island as Phangan is quite spread out.
The owners are genuinely passionate about this resort and are doing a fantastic job; you will really enjoy your stay here.