The Elegance Ballroom is one of the "New Wave" of Jazz/Ballroom venues in Second Life. (By "New Wave", I refer to it being less than 2 years old... the "Classic" Jazz/Ballrooms are listed on the sidebar below.) Encompassing two sims, you'll arrive in essentially the center of the sims and will be surrounded by an option of shopping locales.
Though expansive, there are numerous TPs around the sim (as shown above), which will take you directly to the ballroom. A simple touch-and-tp puts you at the entrance of the venue.
Pros: Spacious shopping area (quite a bit swanky of selections to choose from, especially for the ladies), gracious hosts (quick to say hello and quite friendly), and the sign below of upcoming live events is a very nice touch. As far as music is concerned, I couldn't quite identify the feed the first time I visited, but the second time I popped in, they had a live performer). The grounds of the build itself are exceptionally well done - I did like the fountains on the build, along with the very good ice skating rink (in time for the holidays)!
Cons: Few, if any - though I did encounter one that was a tad surprising. While visiting during a live event, the performer was asking for support for the venue and the employees. Quite understandable, but she came across as lecturing the customers/visitors that it was essentially their responsibility to ensure the tips were provided. While I would believe this is limited to a singe individual, were I not here for a review, I would have simply TP'ed to another location. Seriously, I understand that one aspect of income for music venues are tips provided by those listening, but I don't relish being lecture during my time away from RL. Aside from this circumstance, any other quibbles fall in the realm of personal preference (e.g. no flight, a long walk to the venue, ect...)
Would I go back? Perhaps. While the location was well done and the staff was courteous, the though of being told how to spend my monies (even if they are only Lindens) is a bit off-putting. I'll return, and update as to future visits.