PROVIDED you understand what you are looking for, and intend to rough it a bit, and get with the idea of a hostel, then this is EXCELLENT. Do NOT go here with your lover expecting to get a room and be romantic, etc. It's a HOSTEL.
People who go this route know what they're going after, and this place has it. It's cheap (for Las Vegas), the staff are great, the quad has a gas BBQ and other amenities and games/activities/sitting areas, etc., available.
In my case the fellows in my all-male situation were all extremely thoughtful: Not a word with one of them, as I came in late and left early, but those who came in after, or used the bathroom in the night, etc., took pains to be super quiet and not make unnecessary noise, etc.
If you are fine being in a room with a bunch of dudes on the top of a bunk bed, but saving tons of money, and perhaps meeting some interesting people, this can be a very good option.
The area is not so nice, but that's not they're problem, and it's kind of the way of the world right now. But once you're inside, everyone seems fine. One should always be careful with one's things in these kinds of places, true enough, but I felt like it was just chill in there and everyone was on the same page.
I really liked it.