hi TC,
I've worked at the school associated with the lodge (BICD) and I think it's a great place to stay on Utila. Its clean and well kept and has a very nice atmosphere. Also, the boat they use is a nice one with "Willy the boatcaptain" having a good eye for spotting whalesharks.
Something else, if you go and have the time, take a peak under the dock. It is obviously very shallow and I would not venture under there if you haven't got good buoyancy skills, but I have seen some very interesting critters hanging around. On one dive I saw a shortnosed batfish (you can look it up), an octopus, a meter long barracuda (who goes by the name of Harry) a school of sardines (which is why Harry has taken up residence) and a flying gurnard.
If you dont get an all inclusive deal, take a walk to CrossCreek diving school, they have a real Haute Cuisine chef (Dave) hidden away in their restaurant.
Enjoy!
Cheers,
SubQ
P.S. jchoby, something that will keep the bugs off at night is a plain old ventilator. It will also keep you from needing A.C. although I much doubt you will need one anyway.