I went to Sharm on 21st September 2009 for 10 days on my honeymoon. I had an awesome time... recommend the snorkelling, visiting the Old Town for a spot of haggling and shopping local stylee. Also recommend visiting Soho Square for an upmarket night out without the expense and without any hassle.
I think we were very lucky - according to our tour guide when we went snorkelling, we were staying in the best hotel in Sharm (the Grand Rotana). From what my friends have said, I think the experience very much depends on the hotel you are staying in. That said, the weather is gorgeous, the landscape stunning and the locals friendly.
Be warned, alcohol is VERY expensive (4.50 for a single measure of vodka is cheap! Plus the coke for an extra 1.50 and you're looking at £6 a drink! We stuck to local beer - sakara- and the occasional bottle of wine as a treat). However food is cheap. e.g. TGI's a dish that costs £11 in the UK cost us £4.50 over there... you can afford a 3 course meal easily

or alternatively one course and a drink lol!
I would suggest taking yourself to the pharmacy when you arrive and ask for some tablets for dodgy stomachs, as it's almost guaranteed you will get one at some point (of all the people I've spoken to who have been to sharm, only one or two said they weren't hit by the diahhrea (sp?) while they were there/on the way back). UK remedies WILL NOT WORK, you need to buy the local stuff. It's not expensive and worth having in your hotel room for when you get the dodgyness. It will clear VERY quickly and is nowhere near as dire as you might have heard. However it was enough for me and my new husband to want to spend a day in our hotel room. The drugs worked though and although we were on and off them all holiday we were able to have a fabulous honeymoon and were not "ill". I suffered a little with stomach cramps and he with a bit worse, but as I say, the meds over there work fast!
You will have an amazing time. If you decide to do the day trip to Cairo, don't do the bus option... go by plane. The bus journey is horrendously long, some buses don't have air con and you spend more time travelling than you do at Cairo. The flight option costs a little more but takes hardly any time at all, then you can feel full of energy whilst you explore the sights and be back within a couple of hours
Oh, and in general, all hotels will use mineral water for ice so you don't need to worry, although some restaurants etc. who work on the scrimp may not, so my advice would be avoid ice if you're not in your hotel.
Final piece of advice. The locals keep their money down their trousers... and they don't wear undies... needless to say that handling this money could potentially make you sick. We were advised to take hand gel with us and apply before eating or drinking, and also after handling money. Our rep said she noticed when she first arrived that she became spotty on her face and she swears its because she kept touching her face with "money hands". We took 2 bottles for 10 days which was plenty and thought it was a great idea.
On a very positive note, I didn't see a single mosquito! We saw lots of amazing tropical fish, sting rays, lizzards, but no mozzies
The whole things was amazing, the issues I have raised are not as bad as they may have been presented in the media etc. but you do need to be aware of them and how to avoid and deal with them, so that you can have the BEST holiday ever.
Enjoy
