Ok, it's not the Hyatt, or the Nikko, or the Hilton. It doesn't have the fancy restaurants, big rooms, etc. It does however have a great staff, clean rooms with great water pressure in the shower, modern amenities (lcd tv's in rooms), etc., and costs about half what those other guys charge.
Ok, so it doesn't have a restaurant. Dude - you're in Union Square - walk out the front door and you have about 100 different restaurants to choose from all within walking distance.
I do have to take away a few points for putting the ethernet jacks on the opposite side of the room from your work desk. But, that's why they call them "laptops," so not a deal breaker.
Having no a/c could be an issue in the summer, but in March it did not matter. Union Square offers a large variety of brand hotels, along with many historic independent hotels. The latter category includes some less than savory selections. Fusion is a good choice though, and if you're on a budget (and who isn't these days), this is a very good bet. Splurge a few extra dollars to get the upgraded rooms (i.e. Dlx King or Jr Ste) and you'll be in good shape.