We came to New Orleans for a week to visit family. First off, the pros: the place was clean and spacious, and it had all the amenities. The big downside for us was the noise: this house shares a wall with another AirBNB listing...the walls are very thin and we could hear everything next door! It was loud enough to wake us up in the middle of the night and early morning. We contacted the host, who was very quick to respond, and she talked to the other guests. As a result, they stopped playing loud music in the late night/early morning hours, but still, it was still very noisy. We slept poorly every night the other guests were there. While the listing rules have quiet hours, at least in our case, it didn't make a difference.
We were staying with a young child and two grandparents, so the noise was very much a problem. But I can see this being a great place if you are in New Orleans for partying and don't care much about sleep. Or if the other place is empty.