Stayed here for two days in Sept 08. It is no more than a 5 minute walk from the train station so you don't have do deal with the Bucharest taxi sharks waiting at the station. There is a metro (subway) stop in the train station so you can use this hotel as a base to see the city.
Nice clean hotel with fairly large rooms with large nice bathrooms. Furniture looks like Ikea style (i.e. nothing fancy but comfortable). There is a free internet terminal in the lobby which worked very well. The staff wasn't unfriendly but not overly friendly either - they seemed to spend a lot of time sitting out back on the patio smoking.
Restaurant in the basement had pretty good food. Unfortunately as soon as they served me dinner they cranked up loud techno-pop music. Nice breakfast included though.
All in all this is not a bad place and I would stay here again.More