My personal opinion, it's a great feeling to let go, dance and be surrounded by other gay men. That said, I've been to my share of similar "destination parties" and can say that I am well past the point of appeal.
Yes, I experienced some incredible moments, met some beautiful people and fit a year's worth of party in two days. However, I also saw men in their most primal moments, doing and saying things they wouldn't normally do or say. I saw relationships end, boys overdose, mind-games played at a varsity level, bank accounts drained, credit cards max'd and shallowness prevail. I saw old taking advantage of the young, and the yound taking wild advantage of the old. I saw professionals who expressed that this one time of year was the only time they were "naughty, bad, or irresponsible." I've also seen the aftermath -- sexually transmitted infection, theft, rape, arrest and drug treatment.
My point: I bet if we thought harder, we could come up with events near as fun and not requiring people harming themselves and others. Until then, I let the party boys do their thing and I do mine.]
If you're going, be safe and keep those you care about safe too.