I rate this place 3 stars for the price alone.
The hotel leaves much to be desired. The rooms are old, the halls smell like 30-year-old smoke, but for $39 midweek and $99 on the weekends you can do a lot worse in Vegas. I mean, I don't care how nice the room is--I don't see it while I'm passed out drunk.
Benefits:
Monorail stop that isn't horribly far from the hotel tower.
$5 blackjack
Poker room is a good size and has daily tourneys.
They have internet--a lot of casinos don't.
You can get toothless hookers and crack just around the corner. :)
Things that pissed me off:
Check-in took forever (and we arrived at 2AM!!!)
Selection of food is bad.
Parking garage elevators are slower than slow.
I'd stay at the Imperial Palace if you can get a similar rate just due to the center strip location, but you can do a lot worse in LV.