We have a place on Rattlesnake, and I would be happy to answer any questions you have. I don't know much about the other islands, but Rattlesnake had a lot going for it in my opinion.
The association owned boat ramp and two parking lots (one with a secure section for boat storage) is hard to beat. The interior of the island is association property and has walking trails and access to the highest spot on the lake with amazing views. The trails are only open to residents and guests. The minimal association fee is well worth the money, and Alton property taxes are also lower than most other towns.
I agree with the other posters about island living. You have to be self sufficient and handy or it may not be a fit.
The other factor to consider is seasonality. Realistically, an island property is only useful for six months of the year so the cost per usable month is really about the same as mainland property.
I wouldn't swap though :-)
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