Any episode with Bashir and Garak is an automatic WIN in my book. This episode was really great. Holodeck episodes always have the potential to go very, very wrong, but this one was awesome fun.
Interesting fact, this episode came out around the same time as a Bond movie. Apparently, the people who own Bond thought the tribute was too blatant, and they said a rather nasty letter to that effect. The result is the next time we see Julian Bashir secret agent the Bond references and much more muted.