Our place in Firostefani dos the job for a competitive price in the area. Our room was clean, the view was lovely, and Tonia went above and beyond to make sure our travel coordination was in order(triple checking our flight time and coordinating arrivals and departures). The breakfast is a great value as well.
The walk to and from Fira is a bit on the dangerous side as the street in front of the building is quite busy and tourists (on rented mopeds and ATVs for the first time), busses, taxis and local traffic all go zooming by as you walk up the narrow street with no sidewalk(I guess this could be considered a charm of Santorini's?). The distance to Fira also has it's perk of keeping you away from the hords and hords of tourists that flow in and out of the port and town all day.
Also, It seems we are geographically challenged as we did not realize the view here was still facing east(not at the caldera), but it it a beautiful view no the less.