I think the price was good for the essentials that you get and the pictures are accurate. The bright colors and art along the staircase depict the youthful vibe they're going for and although I didn't try the breakfast, I thought it was nice that they offer something.
They are in a great location in the heart of all the Gaslamp Quarter it was easy to find and they were very thorough in their response to questions I had prior to my arrival. Their good location might also be the only negative as they are close enough to hear the music from one of the local bars. If you are out on the town anyway or are not a light sleeper, you should be fine. If you are the opposite, just bring earplugs. The community inside the hostel was really respectful and I had good roommates who were nice.