Papagayo (Costa Rica) recommendations?

[Reef_Geek]

Planning a trip to Costa Rica, to the Papagayo region... staying at a hotel near Playa Panama. Anyone ever been there? Any recommendations on things to do, must do, regret doing etc?

My wife and I would love to do some snorkeling. I'm also a scuba instructor, but wife doesn't dive anymore... if there's something really cool, willing to send wife to spa while I go diving...