I read about this place on the net - and never having stayed at a place that was remotely cultural in Japan, decided to give it a try.
The place itself is beautiful - they give you separate shoes to wear indoors, rooms only have sliding doors without locks.. Breakfast (vegetarian, rice, soup, vegetable, etc) is included and served in Japanese style on the floor. There are a lot of gardens all around the room so I just spent a few hours sitting in my rooms with all doors open!
The location is excellent sicne it is inside the Myoshinji temple complex - it has narrow stone streets and mroe than a dozen shrines. If you walk in the morning, you can see abbots go about their prayer walks. There is also a pond closeby. And the temples smell real good due to the aroma of incense.
The only thing I did not like was that the baths were shared and did not have any privacy. Toilets were VERY CLEAN. You must bring your own soap etc. There are at lest 12 rooms of varying sizes - some contain 1 person and some 4 people (on the first floor).
I like the cherry blossom tree outside my room (no flowers, though!). Rooms are threadbare - no tv. Lights should go off at 10, but they do not enforce it. You must book by calling over telephone. The place is very difficult to find - I had to call the abbot and they stood out to receive me.
They have free wifi internet int eh lobby, but reception in room was limited.
Some clarifications - Shukobus are rooms (I think they were originally meant for monks to rest) let out to travellers in temples - they are threadbare, have common baths and toilets, and usually some restrictions on times. Similar to Dharamshalas in India except that they are much cleaner.
Ryokans are budget guesthouses - more like youth hostels and traveller places. They mostly have dormitories (It is rare to find a real ryokan -- except like kyoto ryokan) and more suited to young teenage backpackers on a budget.
Staying here was definitely better than staying at Kyoto city. Incidentally Kyoto city is just 15 minutes by train from here.