If you are looking for local simple but delicious food, this is the place. The prices are really fair, which is hard to find in North Italy. We paid 36 Euros for dinner with 4 pizzas, 4 soft drinks, one beer and grappa. We didn't have a chance to try the polenta, but it looked like very good too. If you are in Ledro area, visit the place.
The place is situated where 2 roads meets each other (like V),right in Molina de Ledro entrance, you face it if you are coming from Ledro lake direction, so if you are coming from Garda, look on your back/left (depend what side of Ledro you are going).