Join Date: Jan 2011
Location: San Francisco, CA
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I guess it really depends on your priorities.
South Lake Tahoe has bars, casinos, and so forth, but a lot of the casinos are kind of old. SLT has basically three resorts: Kirkwood, Heavenly, and Sierra. I don't think Sierra is worth your time unless you're trying to save money on lift tickets. Kirkwood is a *great* mountain for all levels of snowboarding. You could totally make that your main mountain. Heavenly is mostly for the convenience and the spectacular view of Lake Tahoe.
North Lake Tahoe is a lot more quiet, mostly small towns (Incline Village, Tahoe Vista, etc.). Further north off the lake, Truckee is a slightly bigger town, but it has basic lodging, and some pretty good (but quiet) bars. If you want to party on North Lake, really you're only choice is Reno, which is around 30 min NE of the Lake. There, they have a TON of casinos. I think they're better than South Lake, but still nowhere near Vegas level.
However, on North Lake there are tons of resorts worth your time, Squaw, Alpine Meadows, Sugarbowl, Mt. Rose (closest to Reno, though medium-sized), Northstar (if you like park). They have shuttles (I think?) but they're more spread out.
If you're on North Lake, def. go to Homewood 1 day. If you're on South Lake, do Heavenly 1 day.... this is mostly for the awesome view.
Hope that helps!