Generally the place is pretty good. Definitely a great value for the money. However, there were a few things that could have been a bit better.
First off, my mother (who is a bit older) really did not like the beds, and we both also found the pillows to be pretty uncomfortable. Also, a lot of the power outlets did not work. There were only 2 or 3 that did, and they were all in pretty inconvenient locations. The room and especially the building in general are also pretty dated. The room could definitely use a bit of a refresh.
All in all though we really appreciated the provided towels and beach chairs, the view is very nice (the room is on the 36th floor) and you can even see the ocean! Also, we loved having a little kitchenette with a stove, oven, microwave, and fridge. We definitely saved money on eating out (in expensive Waikiki) because of this. Finally, while the condo isn't next to the beach you are still in Waikiki, and better yet, you are staying in Waikiki for less than $100 a night. Definitely a great value!