This is our 2nd time staying at the Taos Inn. As advertised it is 'historic'. The Inn is attractive, many of the historical features such as fireplaces in each room are maintained. Its not inexpensive but very reasonable. The location can't be beat. Its directly across from Taos Plaza with its many shops and restaurants. Its on the main road into and out of Taos which leads to a lot of traffic but easy egress to the Taos Pueblo. The rooms are charming, the service is very good and the restaurant is quite good. There are hidden nooks and crannies inside and out and you can find a quiet place to be.
It has the added advantage of being frequented by locals and you can usually strike up a conversation with some interesting local artists, musicians, and generally interesting creative types. There is music most nights, we were lucky to be there for a monthly flamenco performance that was just great. Any cons? You need to be careful of the rooms right behind the kitchen area. There is seating out there and may be a bit noisy. The 300's, 400's are probably better.