I just got back and posted a trip report. Bourbon Street is located in the French Quarter and easily walkable. However, I'd be very careful walking at night. The hotel is beautiful and located in the Central Business District. It's close to the street cars, Warehouse district, French Quarter, French Market. They don't offer a shuttle from the airport. There's a company known for it's shuttle service, $24 one way for 1 person. I used Super Shuttle to get to the hotel and points for a limo for the trip home.
Drinks are comped for diamond players. I don't know about the other levels.
Cafe Adelaide, SoBou and Commander's Palace offer 25 cent martinis at lunch with entree purchase. Bayona offers 26 or 27 cent martinis with purchase of lunch entree.