Does the job, great location.
Stayed here for one night in the middle of May 2011. Overall stay was okay, nothing exceptional. This hostel is split into two buildings, which I didn't read about anywhere online, so was a little annoyed. Typically, I was in the second building, which is nicely hidden on little russel street (a seemingly dodgy back street). Reception staff gave me very little direction on the location of the second building, but luckily I knew the area a little, and found it okay, around a 3 minute walk if you know where you're going. The main annoyance of the two buildings is that the common space is in the first, so being in the second building felt very separated until I went over for breakfast in the morning. Generally speaking everything else was fine, fairly clean, met some awesome people, great location, obvious value for money (especially as breakfast is included -- don't expect much though!), friendly if a little unhelpful staff. I would consider staying here again, if not just for the location.