DH and I were there in April, but we did White Rim trail tour in Canyonlands, so I can't really help you with the trails.
We found the dining in Moab to be a little frustrating. It was packed in April, so it was hard to get into some places without reservations. We ate Italian at Pasta Jay's a couple of times. That was good, if a little loud. We got a lot of our food at local grocery store. They had a pretty good deli so that was our default. Miguel's Baja Grill is supposed to be good, but it was always so ridiculously packed, that we never got in. I don't know how crowded August is versus April, so perhaps you'll not have as many problems. I think the town clears out a bit during the heat of the summer.
Have fun! As someone from a mostly flat midwestern state with a relatively inactive populace, Moab was like nothing I'd ever seen. Bike, bikes and more bikes.
Live with intention. Walk to the edge. Listen hard. Practice wellness. Play with abandon. Laugh. Choose with no regret. Continue to learn. Appreciate your friends. Do what you love. Live as if this is all there is.
--Mary Anne Radmacher