First off, if you stay in this town, you'll either just want to make it home base, or a place to hang with friends at the bar. The night I stayed there, we had karaoke at the bar, and it was AWESOME fun. Oh the bar is basically attached to the hostel, so you can stumble in very drunk quite easily. However, the rest of the town doesn't have much... at all. You'll want to spend your days exploring the rest of the peninsula.
The bar is called "The Randy Leprechaun", and they have a couple of pieces of artwork, which emphasize this point (as does the hostel). So, if you have a problem with that type of thing, you really shouldn't go here. If you have a sense of humor, however, good pictures can be made here.
The rooms themselves were fairly clean (though our heater was broken) and pretty big for dorm rooms. I think the place is fairly old (by American standards), which means that things break and need to be fixed every so often (like the heater, or a drippy ceiling), but they seem to be pretty good about keeping the place up.