I don't easily give 5 stars, but the Balcony House tour was truly memorable. We had one day at Mesa Verde and this was the highlight. This was our last stop on a tour of Southwestern national parks in 2011 that included the Grand Canyon, Zion, Great Basin, Arches, and here.
I can't say that Mesa Verde in general is in the same league as the Grand Canyon or Zion, but we really enjoyed it. Balcony House has some dizzying ladder climbs. Frankly I'm surprised they allow it, so I'd make the trip there now before the lawyers and insurance companies shut it down!
We were there with two 8-years olds and they scampered up the ladders and through the tunnels just fine. But do beware: Falling off the high ladder would be a serious mistake.
It's amazing to think that native American tribes actually lived in this place on a daily basis. It was life on the edge!
This is one of those stops that you and the kids will never forget. Nothing else like it that I know of.
We didn't camp overnight here because of the heat in June, but if I came in the fall, winter or spring I would have. It seemed like a nice spot for it.