Theres not much to say: Great breakfast, awesome location, really nice staff, nice rooms, so that is one perfect hostel I'd say.
All good, it was only weird not to be welcomed by someone. Also it is kind of a disadvantage not to have anyone there who you can ask all kinds of questions about the town. I was lucky as when I arrived someone from the staff was there. Another staff member later that day told me which sights were nice in SLC which was also very nice. But usually you are supposed to cope with things yourself which is fair enough as it is the concept and the price is really good. You just have to know about it.
Only one toilet on the first floor which is not enough. The free breakfast consists of instant pancake mixture that you can make yourself, some syrup and one of the worst instant coffees that I have had in my life. So thats no good. Area is not so nice at night times but then thats about the same in all of downtown. Hostel has free alcohol every night and some events, I never saw too many people there but if you want to get drunk every night and party this might be the place for you.
Very nice hostel! Location only gets a 'Good' because it really depends on what you want. It is a little way from there to the 'cool' districts but it is directly at the waterside and its rather quiet. So I found it to be perfect but as I said its about what you want.