I am only thinking of doing this, haven't made my mind up yet. We're staying at the Embassy Suites in the Financial District. Arriving this Friday at 11am, leaving Sunday at 6:30 p.m.
It looks fairly easy to get a bus to a subway stop, then subway down to Chambers St and walk to the hotel from there. Taking a taxi would be $40-50. I'd really like to save money on this trip, but if it's going to take us an additional 2 hours travel time, I'd just as soon pay for a cab.
We will each have a carry on bag, no checked luggage, so I think very manageable in that respect.
So, give me the pros & cons!