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I just spent 3.5 weeks in Romania (sound familiar?) and was surprised by what I loved about it.
Bucharest - I generally love big cities and gave Bucharest 7 nights (my usual is 8.) I'm glad I stuck to my instincts that I would be able to fill the time. I always do. As others have reported, the sights are spread out. The buses work great, especially with the inexpensive 7 day transit pass for unlimited travel (66 lei / $15.36) including bus/metro/trams. But it still takes a while to get around.
Tip: buy the transit pass at kiosks outside most metro stations and near major bus stops.
Once we (actually, TexasTravelMom) discovered the music festivals, it was obvious that there would be plenty to do, day and night! This whole "music festival" theme is really taking hold with me. I loved it in Stockholm, where I attended their KulturFest. And the Bucharest Unforgettable Festival was worth it, if for nothing else than to hear Andrea Bocelli belt out Nessun Dorma. I was disappointed to see that it wasn't on the program. Little did I know it would be his encore. I never thought I would hear it live! I could listen to him sing it over and over and over again.
The Art Museums in Bucharest quickly captured my attention and I followed a Rick Steves recommendation that has served me well in the past to find one new artist that I like. I found 3: Gheorge Tattarescu, Theodore Aman and Stefan Luchian.
Tip: buy the 100 LEI / $23.20 pass to visit all 4 of the national art museums during a 7 day period.
National Village Museum - in addition to visiting the homes, on the weekend there were artisans selling their handicrafts at tables. Painted wooden eggs were 25 LEI ($6) each, much less expensive than souvenir shops and hand painted by each vendor.
Restaurants: we visited a couple of forum favorites, including Caru' Cu Bere, Restaurant Hanu' Lui Manoc and Vatra. And after discovering the delightful NOUA Bar from an article, we visited twice for Romanian classics with a modern flair.
Tip: I requested in my reservation for Caru' Cu Bere that I wanted a table with good viewing of the dancers. And they delivered with a front and center table.
Stayed: Scala Boutique Hotel, where the staff are delightful and breakfast is a terrific European hot and cold buffet.