The lobster is removed from the shell, cooked in a wine and butter sauce, then stuffed back into the shell and browned in the oven. Often cheese is melted over the top.
Newport has some interesting shopping. Get some stuffies (stuffed quahog clams) if you like seafood. They should be eaten with a squeeze of lemon and the cheapest vinegar and cayenne hotsauce you can find.
"A fool and his money are soon parted" is once again proven true.