I'm giving it two stars because of the price, as well as the 42 Plasma Screen television in my room.
Other than that, if you want to stay for cheap and off the strip, this is the place for you. Otherwise, if you're 35 and under, you should not be staying here. This is where the locals and the old people go. The food at the Cafe and the Buffet are horrible. The NY steak dinner is $10 for a reason.
I would rather pay the extra money to stay on the strip than to pay less and be away from it. It's a good 15 minute walk or so from the hotel to what I call Center Strip (Caesar's etc).