Booked the hotel by chance and ended up in a Suite. Very nice place, recently renovated bathroom, flat TV and free internet provided.
check-in was very efficient and friendly - parking garage is a bit of a walk and costs 8 euros/day.
Breakfast was good but staff was overwhelmed by the amount of people showing up around 8am. Here maybe additional staff would help clear the chaos.
Location is convenient and close to two subway stations - quite a few restaurants and bars around the corner.

Overall a pleasant experience. Hotel was sparsely furnished but adequate. Location convenient to Schwabing and about 1 1/2 blocks from the Ubahn stop. Rooms moderate size. Relatively quiet even though we had a street facing room. Breakfast was very fine - with the usual continental selection of breads, meats, and condiments - plus good scrambled eggs, bacon, and local sausage. Best shower we have experienced in Europe; strong flow, large shower head, and plenty of room. Service very friendly and rooms cleaned nicely. Biggest problem was the terrible pillows - lumpy and very uncomfortable. Asked for traditional feather pillows, but they did not have them. Internet via ethernet cable and pretty slow. Note that renovation works continue through December 2010 but only from 9am-4pm and these did not bother us. Avoid rooms 10-14 as they are right outside the breakfast area.

Rooms are small and on the trendy side, but functional. Mattress was a foam block, which didn't encourage sleeping.

Breakfast is typical German but as a whole rather thin on options.

Warning: Fahlmeyerstrasse can be a bit noisy until 11pm, so if you've got the windows open in the summer (mandatory with no a/c) you're going to hear cars and motos right clear. Otherwise the neighborhood is quite nice - Schwabing - and excellent (expensive) restaurants abound.

There's other hotels in the area for just a bit more money, which I will try next time.

Let's get the down side out of the way right off the top - the room was small and bare (or puristic to put a positive spin on it). I was expected a larger room, but as my time in Munich is normally spent outside the hotel, this is, for me, no deal breaker.

The location is very good - near, but off HohenzollernStr so you can easily get to everything on foot, but the street noise is minimal. The staff was very polite and although we knew our way around, they were helpful with offering suggestions and recomendations. The WiFi is a convenient touch, and they have secure parking available for a price.

I thought the overall aesthetic of the place was good as well. And we had only jealous friends as they picked us up from the hotel, commenting that they we paying more for a less attractive hotel. We may have gotten a deal on the room and that's why it was so well priced, not sure if I would have been as pleased if the place cost 70% more than what we paid.