We recently spent a 5 day weekend in Eureka Springs and had a blast in and around town. Riding was relaxing and fun. Passion play was great. Downtown "Old Town" was fun to walk and window shop as well as people watch while not riding. Cliff House restaurant has good food and a view that you must see.
We'll be back next year leading our HOG group there. I highly recommend the area. 
Thanks for weighing in, Eric. You're right on the mark with your statement.
As an added note, we were there 5, 6, and 8 years ago on three separate visits when we still lived in south Arkansas. I was very pleased to see a more relaxed town this visit. I stayed away because of what I perceived as a very "on the offensive" and militant police force, who I was told used very disgraceful tactics to nab "loud" bikers. I also have first hand experience of that from a group of aerospace professionals (and ex-law enforcement personnel) who rode there with me years ago. It was the kind of behavior that gives police a very bad name, and it was inexcusable. I know the ex-cops that were with us that weekend were appalled by what they saw.
As far as I can remember from this past weekend, we didn't see one city police car or cops on bicycles the whole time we were there, and we only saw 2 sheriff's cars, one per day, and that was on the main highway thru town. Needless to say, this was a refreshing change of pace.
I would suggest to anyone thinking about staying there to make reservations well in advance, and try to stay during the week. We were told the city does 60% of their business on Fridays and Saturdays, and very few hotels offer discounted rates on weekends, even national chains. I suspect that many even boost their room rates on those nights. We were told our room would have cost over $30 less on a weekday, and we paid $109 a night before taxes with no fridge or microwave (but we did get a free buffet breakfast). It's also less crowded during the week by far, so it's just more fun.
Another reason for booking in advance is because there are so many events in that city - all the time, and especially on weekends, when it fills up.
And furthermore, the rides in that corner of the state are awesome, and the Harley dealer in Rogers is just fun to spend a couple of hours window shopping in.
Again, if anyone out there wants more info, please feel free to PM me.