Good points: very friendly staff in the hotel (less so in the bar/round the pool); great place to chill out round the pool and under shady palm trees; rooms were well air conditioned; breakfast included; Hed Kandi DJing round the pool on a Saturday afternoon; showed the Test Match in the bar (I know you don't come to Ibiza to watch the cricket, but it was the Ashes...).
Bad points: not much difference between "good (refurbished)" rooms and the unrefurbished ones - don't bother paying up; noisy lift mechanism means some rooms on top floor are unbearable - we moved and our second room was nice and quiet; views are pretty oblique, and this is not a frontline hotel, there are more buildings between here and the sea; not much in the way of good bars and restaurants in the neighbourhood (although the food/bar here are good); club tickets are expensive here relative to other places (and disappointing to have no guestlists, unlike at Ocean Drive where they have Pacha guestlist - having said that this is a better hotel than O.Drive).
Overall - had a great stay, but this could be a much better hotel with just a bit more effort. Will try somewhere else next year (Pikes? Hacienda hotel?).
PS book on their website early in the year (Jan/Feb I think) and get 10% off.