Would not describe as value for money, the dorms were "compact" and the security guard was a suprise. The bar crawl is just to the only backpacker pub in town, that in turn was pricy for the region and closed early.
That said hostels are at a premium in this area and increasingly it's more about catering to the yachting set, so the 23.00 curfew is no doubt a reflection of this situation.