One of my favourite places! Hiring a mini-moke is fun and are available at the airport. You can drive round the whole island in under an hour, so you should have plenty of time to sight see. Several nice restaurants around. Its only 10 minute walk into town from the airport if you decide that is easist for you.
Don't forget your 1 litre of duty free booze per person. Cheapest is the airport. Also get as much avgas as you cram in as it is sooo cheap.
Have fun!