Stayed there a week in July/August 2012.
Me and my family were looking for a nice, not too expensive place to stay in NYC, which is practically impossible. Since I had stayed at the HI Hostel (nearby) before, I figured I might as well stay at the Upper West Side again. I'm glad I did.
The hostel is at 101st Street, and there is a Subway station at 103rd, which made it easy to move around - it took us maybe 15 minutes by subway to go downtown). The best thing to me about staying away from the buzz at Times Square is that you actually feel like you "live" in NYC.
We ate in the local restaurants (great vegetarian pizza place a couple blocks away, and the bagel place across the street was nice and cheap, had breakfast there every single day), went to the grocery stores, and even got to see Peter Jacobson (Dr. Taub on House M.D) twice, as he was walking his dog. It was pretty cool.
Regarding our room, we booked a 4-people private room, with two double beds, and a shared bathroom. The room is on the small side, but there's a TV, a sink, and it is cleaned daily. The room was quiet, and the AC worked fine. We stayed in the 5th floor, and the one thing that irritated us was the ridiculously slow and tiny elevator, which annoyed us to a point we mostly used the stairs. The bathroom was always clean, and never had to wait to use it at all.
Didn't really make use of the kitchen or the internet, or any of the common areas in general.
All in all, I think it is a good choice for people who are looking for a place to shower and crash, and don't mind riding the subway to get to the "main attractions". No luxuries, no breakfast, no fancy stuff, and the elevator truly sucks, but clean, quiet and comfortable.
Would stay there again.