This really is an outstanding hotel. I've been here twice now - the first time in a lakeview room, the second in a standard room. The standard is obviously not as nice as the lakeview, but had I never been in the lakeview I would have been perfectly content with the standard. My standard was on the first floor next to the east door to the exterior, but I never had a problem with noise.
If you're looking for a cookie cutter chain hotel experience, you won't get it here. Located in a converted brewery complex, the hotel has a lot of nice old world touches, including historic photos in the rooms rather than generic artwork.
The amenities were standard and nice - wireless internet worked great, the continental breakfast was not amazing but quite adequate. As noted above, the valet service is very convenient and I never had to open the front door myself. It isn't right downtown, but even if you don't have a car, the downtown is within walking distance and they have a shuttle.
The most unique touch, and one I highly recommend, is ordering off the "pillow menu" - yes, you literally can order your own pillow!
The only minor quibble I had was no hair dryer in the bathrooms, which seems pretty standard in most hotels these days, but since I had my own it wasn't a problem. I imagine they have ones you can get from the front desk.
I think the R8 is reasonable compared to other properties in the city, given the uniqueness of the experience.