Those people who paid less won't complain. Rooms are nice but not what's expected from Sheraton standards. If you want comparatively cheaper room than other great hotels in Atlantic City, then go for it.
Pros: Location- Just across convention center so parking problem is solved; 5 mins walk to outlet mall and may be hardly 10 mins walk from the boardwalk. All good restaurants are located nearby and due to its location in heart of Atlantic City, you would be comfortable walking at night when outlet mall is totally dead.
Cons: Running water sound through walls and people's talk from near by rooms and if somebody is walking upstairs than may god bless you. You may see some stains on the carpet, and bathroom is not one of its kind. I personally wasn't impressed. But as said, being comparatively cheaper than other hotels in Atlantic City, I wouldn't complain much.
Deal is, you will survive nicely, given the situation you didn't pay lot.More