I stopped by Dogwood Canyon for a quick run-through on my way back last night. I got there at like 6 and they close at 7, so the lady actually let me in for free just to take a peek. I'll definitely be coming back at some point, it's a very interesting and beautiful place.
It's definitely kind of a manicured nature experience in a lot of ways - the grounds are regularly mowed, and it looks like the waterfalls are somewhat artificial? Nonetheless, it's done really well, and there are some interesting attractions such as the Mill, small museum, and a treehouse built by that guy from the Discovery channel. The fishing looks really good, although the area where you can actually do it without paying for a guide is pretty limited. I think the main thing to do is either take a tour on one of their little pulled trams, or bike through the place like a lot of people apparently do.
Kind of a pain to get to, but if you are coming from the West through Arkansas, it's worth working into a trip.