Pros (+) The best thing is the waterfront location on a reasonably quiet beach. The restaurant is also good - a little more expensive than places in Haad Rin, but that's to be expected from a hotel restaurant.
Cons (-) This was my fourth time at sarikantang in five years, and every time the hotel looks a little worse. They are not maintaining the exterior surfaces of the buildings at all, and many of the bungalows just look dirty. Staff attention is also lacking. I reported that the electric kettle in my room was not working one morning, reminded them the next day, and when I checked out nothing had been done.