A tropical island with a goodly supply of rum punch, a well-stocked library, and a hammock sounds like paradise to me. Whenever I go on vacation, catching up on my reading is always one of my goals.
That is the trap, assuming that what appeals on a vacation will remaining appealing once it becomes your normal state. It isn't even just an issue of getting bored, the knowledge that this is your normal life rather than a time boxed vacation changes your experience from day one.