The best thing about the place is its location. It's close enough to get to public transportation (about 10 minutes on foot to get to the train station either on the Red Line - where Taipei 101 is - or the Brown Line), and yet it's far enough that you can enjoy some peace and quiet at night.
Additionally, location-wise, it's close to the Tonghua Night Market. It's small compared to the other bigger night markets in Taipei, but still you have a whole range of choices for shopping and eating. There's a 7-11 nearby, and the entire stretch of Keelung/Jilong Rd from the hostel to Xinyi Rd. are studded with restaurants and bars.
I just needed a place to sleep, take a shower, cool my heels, and store my stuff in between my going around Taiwan for a bit. And this is one of the best options I found. I stayed in the all male dorm and I am happy that the bed is more than enough for my needs. Furthermore, since I only carried a backpack, the locker is also enough for my needs as well.
I like how clean the place also is. It's very clean. The rooms, the common area, and even the shower and toilet areas are clean. The shower and toilet areas are a little cramped, but hey, we're in Taiwan. They maximize space whenever they can.
What I also enjoyed a lot is how friendly the staff are. Like they are really friendly, cheerful, and easy to talk with. I like it when I see staff that are proactive and have this light and fun mood when interacting with guests. It makes the place feel warmer and cozier. Oh, and they can speak English so that's a huge plus. One staff even speaks Korean as well.
Breakfast is the usual fare of toast, bagels (but with a ton of choices on the spreads!), coffee, tea, fruits, and cheese. But again, if you're going to spend a big bulk of the day outdoors, it's not too much of a problem.
Pity that I didn't know about their local activities that the hostel itself offers. Had I known, I would have scheduled my itinerary to include some. Maybe next time.
If I'm going back to Taiwan for a similar trip, I'll definitely go back here.