Good Hostels

Can someone recommend good budget hostels / Hotels to stay in Munich?

I like the Euro Hostel on Senefelderstrasse, near the main train station, but there are a number of others in the same street/area that are just as popular...

Most of them are "party hostels". If you want a quieter one, a bit less central (it's an official "hostel" BTW):

http://www.jugendherberge.de/en/hostels/search/portrait/jh.jsp?IDJH=248

Wombats