I have been all three years, and its been three of the most fun weekends of my life. For me, last year was the most fun out of the three, which was surprising, because I wasn't too terribly pumped about the lineup.
Hot girls in bikinis, drugs, booze, and really good music on the beach...you can't really beat it.
Being able to stay at a condo(as opposed to camping out like most other festivals) is better, IMO. Its much more relaxing. I recommend booking one within walking distance.
As far as police presence, just don't do anything dumb and you should be fine.
Not really sure who is rumored to play at this point, but the lineup will be announced in the next few weeks. I CANNOT WAIT.
This post was edited on 2/1 at 3:10 pm