More non plus than real value for money
My wife and I visited the hotel for a couple of nights stay prior to a cruise at the end of august 2012. It is located about a fifteen minutes walk from pier 39 and Fishermans' Wharf via the gauntlet of shops trying to drag you inside. Upon arrival our cases were dealt with efficiently and immediately the touting started for a $10 wine tasting. (A little tip for you. Having found out we have just flown in from the Uk, a ten hour flight, a wine tasting is at the bottom of our list) This will not be the last time somebody will try to part you with your money as the local shop keepers will demonstrate. 
Inside the hotel we were dealt with by a very smiley white toothed but ultimately not very genuine and ingratiating reception staff. We found our room with our cases not long behind. The room was a fair size but not large although the bed was, and comfortable to boot. The bathroom was well equipped and a good size. 
One evening we came back about 9:30pm ish having eaten and found that the town had shut up shop. We were hoping for a drink at the bar to find that it had closed also. A Bit odd for a hotel bar, still saved us some money. All things considered the hotel was not value for money and didn't really have any character about it. It ticks all the box's for service and so on but was somehow missing the human touch and did not come across as being genuine.