I seem to have missed this thread back when it was still fresh...
I was just in Puerto Princesa a couple of weeks ago. Very nice, but the resort I stayed at was more remote than I'd like. I've heard nothing but good things about El Nido, though it is a more expensive destination. Last year, I took a quick trip to Bohol, which was a nice balance between the isolation of PP and the crowded (but still amazing) beaches of Boracay.
I live and work in the Makati area, so if any of you are passing through, do drop me a line and I'll buy you a drink. (Coke Light. In a can.)