Excellent place to stay if you know what to expect from a hostel. Your roommates are always a luck of the draw type deal. That being said, I was very pleased and had great people in my room, even befriending some.
There is a lot that is walkable nearby, and there's a tram line that will take you to the French quarter pretty quickly. Breakfast is basic but a pleasant surprise in this price range. One night, they even had ramen out for dinner. Manage your expectations, know what comes with staying in a hostel, and you will be pleased.
Overall, I really enjoyed staying at The Quisby and would consider staying again in the future!