Check Inn is definitely a good choice for a budgeted trip. Location is great, although it is not at the prime area of Central (for night life etc) but you can easily access to those areas by MTR or old tram which is just few minutes walk away. The bed is a basic dorm (6 in a room) but you cant ask for more with that price you paid. There is a public area with free pc, massage chair, piano, guitar and huge sofa for you to hang around too and to get know of backpackers from different countries. The receptionist is helpful and friendly too...