My wife and I stayed in a Superior 1BR suite with our two kids (4 yr old daughter and 2 yr old son) the first week of April 2013. The hotel exceeded our expectations. The room itself was clean and spacious. The kitchen was new and very usable, there was a full dining room table, a great sitting area with gas fireplace. Our kids go to bed at 8pm so we had them sleep in the BR and we slept on the pull-out couch...it was not great, but fine / as expected for a pull out.
Breakfast was included with our room and was great. Fruit (strawberries, pineapples, melon), granola, yogurt, muffins/bagels, and pancakes, eggs, bacon, sausage every morning. Our kids loved the activities, in particular the s'mores by the fire every night (outside most nights, inside when windy), the movie theater which had great daily options (my kids saw Little Mermaid and Monsters Inc), the bowling alley (a private room available with a full 10-pin alley and full seelection of bowling shoes for reservation each day between 12-8pm in one hour blocks). The pool was also great - it is half indoor and half outdoor, with a swm-through mini-tunnel connecting them. When we were there it was light snow and 30 degrees and pretty cool to be in an outdoor heated pool when snowing. My wife and I used the fitness room daily and it was just fine (few treadmills, couple ellipticals, bike, etc). And we used the ice skating (open until 10pm every night, music playing and hot chocolate available, and full selection of ice skates available).
Service was good all-around, no issues. Two notable examples - ice skating hut ran out of hot chocolate and we called to inform the hotel and they replaced w/in 3 minutes; same thing for s'mores at night.
And location was good - just a 5 min drive from Lake Placid town which had plenty of restaurants and shops. Whiteface Mtn was a short ride and all the Olympic stuff was close-by.
We are planning to return - a perfect combination of activities and amenities for both adults and kids. Perfect family spot. And we found the value to be just fine - it is expensive but if you take advantage of what is offered (e.g. all the onsite activites) then it is a good value.