Well worth it, all around.  I was looking for a budget stay with great location, and I found it here.  The location was perfect, could not be beat, just one block off the water and a bit north of the real crowded parts.  Plenty of things to do and eat and drink within walking distance.  Free parking, although crowded of course, but I got a spot every time.  The service could not have been friendlier and more helpful; helped when I needed it, and left me alone otherwise.  Perfect.
Cons: it is not the most up-to-date place if you need refinement in your life.  Little crowded, little older, nothing fancy.
Pros: All the mechanical / building details are in place and working fine.  A/C was nice and cold.  Full size fridge and oven.  Shower had none of the damage that I've seen in far too many other places, with cracks or loose fittings; everything here was put together and ship-shape.  My room had a small view of the ocean.  Quieter at night than I expected, but the A/C fan probably helped that.  Wi-Fi strong as could be.  Bed comfy and perfectly adequate.  Very clean room inside and out, they swept the corridor daily.  Zero noise from other rooms.  I was able to work from the room and walk to entertainment, equally comfortably.