The place is gorgeous! Great art, and all stylish. Location is fine - Venice has lots of neighbourhoods and this one is cool to explore. There's fine restaurants and bars close by and it's an easy walk to things like Rialto bridge and the water taxi. (We actually took the water taxi from Rialto directly back to the airport, which was really convenient).
Every silver lining has a cloud though! The wifi was slow, and the water pressure and heat also were lacking. Not a deal breaker for a short stay though.