While this is a good location for visiting other sights, with good transport links, it is an expensive way to do things. I would suggest leaving off St Moritz off your itinerary for an overnight stop. It only works for rich skiers and people with deep pockets in season. The lake is worth walking around-but shopping is hardly open except in the peak couple of months. One good thing about St Moritz is its proximity to the Glacier Express. What they don’t explain is that there are a lot of tunnels and avalanche galleries so you get quite interrupted views. If its been snowing you won’t see the glaciers anyway, they will be covered with snow. It’s hard to get good photos from the Glacier Express , no matter where you sit. The Bernina Express is a better proposition.
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