We stayed here in october 2001. The best about it is the location, close to the Mercado and restaurants. Rooms were ok, not more. It was very easy to hear people walking outside our door, isolation problem? Nice pool. Reception area has seen better times, bet it hasn't been done anything with it since the 80's.
Price was good; got a 42.95$ rate when ordering from the net, official site. But my experience from this is: you get what you pay.
The best "bargain and quality" Hotel we stayed at was on Universal Blvd, at the Country Inn and Suites, for only 39 it was a scoop.