We stayed at the Pakarang for 10 days in November 2011. We absolutely loved it there. (We wouldn't have left if not for our visa's expiring.)
We stayed the first night in the wooden bungalows, but couldn't take the bugs and overall poor condition of the rooms, so we upgraded to a concrete bungalow, and loved it. It was cleaned daily, the beds were fairly comfy, and we found that all we needed was the fan for sleeping at night, which was great because the a/c is considerably more expensive.
We loved being able to swim and snorkel right in front of the resort. We also liked walking to the neighboring resorts for a snack or meal. The beaches are lovely, and there is a man who works full time trying to keep them clean. Sadly, there is a lot of pollution that constantly washes up on shore, but he tried very hard to keep up with it.
The staff was great, and we ate very well. It was very quiet with very few other guests, so we got to know the staff well. We rented kayaks and went fishing. When we caught some squid, the cook was happy to cook them up for us for supper.
This is not a 5 star resort, so don't expect 5 star accommodation, but considering the relatively low cost, we thought it was great value. We are a family of 4 with children who are 12 & 14 and we all loved this place.