You will not find a better located, more safe and less expensive place to stay. Everything a visitor needs is within a stonethrow: the library for free e-mail, the park and lake front for strolling, the opera, restaurants, transit and shopping...you name it. The staff couldn't be more helpful---they are volunteers, and do not work for pay. You feel protected passing the 24-hour guard and CCTV when you walk in from the street, and you get to meet the most interesting people from all over the world in the lounges, the reading rooms, dining room and the kitchen. This is what staying in a hostel is all about.
Pros: Safe, Very Convenient, Helpful staff
Cons: Intimidating decor