Coral
Pool parties to give some craziness on nights where there isn't some lunar celebration happening. Free taxis cruise the town to take you there. Don't arrive too early - some people got on the taxis at 7pm expecting a party to find hotel residents eating dinner and swimming at sunset. Lots of sweaty, luminous dancing on tables and questionable activities in the pool. Not quite full on Full Moon madness, but certainly memorable.
If you're after party heaven you can't do better than Haad Rin. It is most popular one night a month - the night of the Full Moon Party. Every bar is hopping, the beaches packed with trance, dance, buckets, and various other suspicious substances. However, if the sight of thousands of bottles and other trash repulses you, make sure you leave the beach area before the sun comes up, or grab a garbage bag and help tidy up a little.