The pros: Great price and close to Old Town, Downtown, University area and Bio Park. Very clean and the staff was friendly and kind.
The cons: Being right on historic Route 66, you get more than your fair share of people with loud cars and bikes revving engines at all hours. This isn't the hotels fault - you'd probably have this problem at any of the old motels on the strip. But if you're a light sleeper, it's something to consider. The fixtures are a bit dated, the AC was pretty loud. The bed was reasonably comfortable.
For the price, this is a great spot. I spent 3 nights here and would come back.