High Point's new arena is part of a complex that includes, among other things, a hotel and conference center, and yes, they are spending a boatload of money ($130 million) and it will be "pimped out". You can bet that right now there are people seriously worried about the fact that a large amount of that was spent to provide on the job training for their "Event Management and Hospitality" majors.
As far as a basketball venue is concerned, I don't think all the baubles will mean much to the fans or players/recruits. Hopefully our focus will be on things like comfort, accoustics, great sound, lighting and video boards, and fan friendly ammenities like top notch restrooms and concessions.