Visited Steamboat in February 2012 for 8 days. According to the locals it was the worst snow conditions for 30 years and I can believe it - hard packed and in places icy on piste. But despite that I can see the merits of the place: biggish area for US (3000 acres), catering for a wide variety of abilities although I fell the grading is overrated, eg the double blacks here would be single blacks elsewhere. Good range of on mountain dining so no need to go back to base area to eat, although dining is biased to the right (skiers left) of the area. Heard good reports of the ski school but did not try it myself. Tried Steamboat Powdercats - v good experience in difficult snow conditions for them. The town has a genuine feel to it - relaxed with variety of bars and restaurants. Good range of non-ski activities for those that don't want to ski. All in all:

Pros: good range of terrain; good snow record; good for group including non-skiers;

Cons: lots of beds/accommodation for this sized area make it feel v spread out; could lead to queues/crowded slopes?