First things first: the location is insane. There are 3 world-class restaurants within 20 metres (that's not an exaggeration), and it's a 5 minute walk to the sleaze of King's Cross or a 10 minute stroll to the sail swaying serenity of Rush Cutter's Bay.
Then there's the Jensen itself, which is compact, but well appointed. The bathrooms are shared but sparkling clean and the bedrooms nail the important stuff (comfortable bed, fast WiFi, effective air con, etc) so long as your trip is short and spent seeing the city and/or doing business, rather than watching TV in your hotel.
But the best thing about the Jensen is the customer service. They really could not have been any more accommodating and helpful of my girlfriend and I - they made our trip.
I highly recommend the Jensen, especially if you're a culture and food lover. You can stay in comfort and style in the middle of everything, while spending your hard earned money and long awaited holiday in swanky restaurants and dark cocktail bars filled with spirits you can't pronounce and the best people watching this side of Manly.
If that's not living, I don't know what is.