Pros: Great location (walking distance to the Murat), clean, friendly & knowledgable owners, great decor, coffee/tea/snacks on both floors, comfy bathrobes, ample sitting areas outside of your bedroom. And we got the Indiana government employee discount (which requires ID to prove you are an Indiana government employee), which cut the rate almost by a third.
Cons are minor: on weekdays, breakfast is at a coffee shop next door, which may not be what some have in mind when they book a B&B; water pressure was not great.
Tip: If you are picky about pillows, bring your own. This only applies to a small amount of people, as our room had 5+ pillows. But as someone with neck problems who only recently stopped carrying my Tempurpedic pillow to hotels, I struggled to sleep well. This is not a deficiency of the Nestle Inn's, just something that may help other travelers.