Lovely spot on a perfect little island. The location was central (although everything is central in the tiny Ko Lipe).
The services were above Thai standards, and that's saying a lot given Thailand's service quality. Some of the staff really made us felt like old friends, going above and beyond the classic Thai smiles.
The beaches were quiet, unlike the other parts of island that have more bars. Yes, entertainment is only 5-min tutuk ride away (for 50 bhat standard), if you don't feel like trekking for 15 minutes, tops.
Love the beach bar. And the bartender was a treasure.
If possible, beachside bungalows are the best.
The one con would be that it's built on a hillside. There were probably 5 flights of stairs between the lobby and the beach.