This place is really special. The view is worth it and as we stayed in one of the rooms with a balcony and hammock for our first two nights we got the full experience.
The one thing to know is that the neighbourhood is a tough one for vehicles to access because it is so high up, particularly in the rain. Check in with host prior to coming in and keep the contact info handy. When you arrive, you will still have to hawl your luggage up a 5 minute hike. I'm not in terrific shape and I could do it even with my overpacked bags.
The neighbourhood has a lot of character and felt safer to me than nearby Lapa. We heard great music at the nearby restaurants and the shops had artesan quality souvenirs and Boutique items, stuff way nicer than what I found in Copacabana, Lapa or Centro.