I visit Carpenter Falls all the time and it is always a great experience. It is a short hike, I would just recommend being cautious if you plan on following the trail down behind the falls as it is steep and can be slippery since the falls keep the trail fairly wet. At the trail head there is an option to take a right instead of a left, which takes you to another falls, which I believe are called Angel Falls, and even farther down it comes out right at Skaneateles Lake. This trail however isn't clearly marked and it is fairly difficult to get down to the other falls since you have to climb down the ravine. It is definitely worth it, however, just make sure you are wearing proper footwear, for both falls.