This is only my opinion, but I'm not a big Nassau fan. There really isn't that much to do. Penny is right, take a cab (not the water taxi) to Atlantis. EVERYONE deserves to see Atlantis once in their life! The other thing we did once was just get off the boat and take one of the LICENSED tours with the van drivers. They are very informative and interesting. You will see the history, the best parts of town AND the worst. They are pretty reasonably priced, but wheel and deal with em! Other than that, walk around town and see all the banks!! They make no bones about the fact that money laundering is their number one industry. In summary, Nassau is a nice place to visit once...maybe twice. Never more!! Cozumel is another story!!
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