By all accounts, Punta Arenas has the reputation as a gateway rather than as a destination in and of itself. In some ways, this befits its history as a shipping outpost on the far-southern tip of South America. Nearby, you've got the vast wilderness landscapes of Tierra del Fuego, as well as Antarctica beyond. Many people stop here on their way to Ushuaia, Argentina, a scenic route through some of Patagonia's most spectacular landscapes. For a taster, you should make a day trip to see the Magellanic penguin colonies at Seno Otway, which is about 40 miles outside of Punta Arenas. Best time to view these famously monogamous penguins, also known as jackass penguins, is November to February. If you want a few more ideas about places to see and eat in Punta Arenas, here's a link to a guide on Away.com: http://bit.ly/tVFz4H

Thanks so much, that really helps!