We spent 5 days at Michaels Hotel and really enjoyed it. It's a friendly place in a fairly traditional area of Beijing so you will see something closer to "the real thing" than you would see in a city centre mega-hotel.
Our first impression was that it was rather dark: traditional rooms don't have much in the way of external windows but that must make them cool in the summer. We soon got used to it and the central courtyard is a pleasant place to sit and meet other guests.
The girls on reception were very helpful with information, booking trips, etc.
The in-room computer worked well, wi-fi was good in the central area. The tv was good quality though the satellite box took some working out!
The bed was really comfortable (we had the Emperor Room) and the bathroom, was clean and everything worked.
If you want lots of western-style restaurants nearby it might not be for you but we enjoyed the adventure of finding food locally including eating at street vendors stalls.
Our only disappointment was with our trip to The Wall where we felt that the guide was more concerned to get us to it and back to the hotel with the minimum of cost and inconvenience to her and the driver (and then asked for a tip at the end), however, whilst it was booked by Michael's, that was not their fault.