Consider where this is... kind of sandwiched between 2 major metro centers, in a part of the country which is mostly flat and receives little natural snow. So, basically, the odds are stacked against this place to provide quality skiing, but they do a good job with what they have.
There are 2 high-speed quads (contrary to the other user who claimed there aren't any- I swear there are!) which keep people chugging up the hill at a good pace. When it gets more crowded, they open up some other fixed-grip lifts to supplement. At that point, the slopes are going to be sheer madness, so if you go on a weekend or holiday, don't complain- you've been warned. During the week you can get lots of runs in quick because the lift ride is so fast.
Vertical is just shy of 400, which isn't spectacular but it's by far the biggest you'll find south of Devil's Head. The "black diamond" runs aren't that steep but they do go top-to-bottom unlike at some other places (cough*Cascade*cough) and will provide good fun for intermediates. Blues are no steeper than greens...and they're pretty darn flat, so I guess this would be a good spot for novices.
Prices are steeper than the slopes on weekends, but they have good deals during the week. They make a LOT of snow, which is an expensive proposition, so don't whine about it- you wouldn't be able to ski here if they didn't do it.
My only gripe- January and still no moguls? Come on- you've been open since November! Can't speak to the hotel or nightlife as this is a day-trip for me, which is the real draw- It's the biggest hill less than a hundred miles drive from Chicago...I can get up early, get a good skiing workout, and be home by 5. If you want that, you'll get it. If you want a full resort experience for a weekend trip, I highly suggest Devil's Head (although I hear mixed reviews of their hotel, might want to stay in town) or head the other way and go to Michigan.