Thank you for the info! we are really looking forward to this trip. I have heard so many goods things!
I have tried several times to call Elsa's, but the number is not in service or out of area according to the message... so maybe we'll try Grace's! I figure we should book in advance since we'll be there during Easter... do you agree?

Yes! It was even full when we got there. But that was one day after the ferry got in so make sure you do not get there on a Wednesday or Thursday. Oh, and remember that the prices got up and are not the same as stated in Lonely Planet. They are 15$ for a cabin (not per person) and not 5$. You might find the homepage www.bigcornisland.com helpful, it is about both islands and has price infos and pictures.
Thanks for the info. I have tried to call Elsa's several times and there is a message in spanish saying this number is currently not available or out of area... and i've tried Grace's and it is just a voicemail... Carlito's is the only one that has answered, so i'll make reservations there. Thanks again !!