I liked the private check in. My friends liked the food in the lounge. A different menu every day.
We each had a studio sized room which is about the same size as Monte Carlo's regular rooms.
The staff is attentive and there is a dedicated concierge
We asked the to see the larger rooms on the floor and I have never been in a larger hotel bathroom than the one in the 2-bedroom suite.
All in all nice enough. I would recommend it.
On the other hand, I find myself at Vdara more often tha Hotel 32.
Edited to add:
How quickly will the MonteCarlo renovations start? Is that supposed to begin before September 2016?