The restaurant at the Pango Paradise Cove Resort is pretty good. We ate there one night (plus breakfast for the first 3 mornings) and it was always good. The restaurant is in a great location near the beach.
You will need to get a mini bus (or taxi) to and from Pango Point...we were hoping to walk into town from our resort but it would have been quite a walk. The roads are fairly rough so you'll see a lot while driving anyway. A bus fare from Port Vila to Pango will cost around 200 vatu (about A$2.20).
Favorite thing: You can swim and snorkel at the 'beach' at Pango Point. It is a beautiful area, especially to sit while having breakfast, lunch or dinner at the resort restaurant. :)
Favorite thing: Pango Paradise Cove Resort is right on Pango Point... It's a nice resort with lots to do. The only down side is that it is about 15 - 20 minutes drive into town...
Favorite thing: The beach at Pango Point isn't overly big but we had a nice private 'beach' all the same at our resort. We could also go swimming and snorkelling off the beach.