The venue is well inside the bay - far away from the spring-breakers <img src="http://www.catsailor.com/forums/images/graemlins/frown.gif" alt="" />. It's at a "real" yacht club, too - when I got there early Thursday afternoon last year, they were in the midst of their "Ladies Luncheon", and the clubhouse was off-limits until they were gone.
Here's a view of the front lawn from the dock (there's more space for boats elsewhere):
And here's a view of the "camping area" (again, there's a lot more space than what appears in the picture):
Camping is in the boat parking area across the parking lot from the clubhouse. Very convenient, but quite, er . . lumpy - bring your inflatable mattress and make sure you get all the pine cones out from under the tent. There are bathrooms and showers within stumbling distance of your tent.