Located on the shores of the southeast side of the lake and originally built in the year 977, all that remains of the original pagoda is the crumbling foundation, viewable from outside the glass case that it is housed in (Pagoda Remains Memorial Museum at the bottom floor of the pagoda). With escalators, elevators, and a totally new pagoda places on top of the foundation, there is not much to see within the pagoda itself; it was most recently rebuilt in 2000. However, the view of the city skyline is one of the best from here, and some of the smaller seating areas around the perimeter of the pagoda have a nice breeze and view of the structure. One of the 10 Scenes of the West Lake is "Leifeng Pagoda in Evening Glow", but this is best viewed from a distance (across the lake) just after sunset. Keep in mind that the entry fee for the Leifeng Pagoda is very expensive (¥40/person, Oct 2008) and it's not original, just rebuilt, so if your budget is not that huge, consider to not enter the Pagoda. You can still take pictures in front of it.