Yeah view isn't much to speak of. We didn't get a ground floor room however; the hotel looks like a rabbit warren at times.
Didn't go to the bar and we didn't have any status to speak of, which didn't matter because we got free drinks on the ghost tour we went for.
Not really too far out of town - a brisk walk up the hill to the bridge between old and new town - but I concur that it could be enough to be "annoying"; reminds me of Hilton on the Park in MEL and its distance from the MEL CBD (thank goodness that Hilton MEL South Wharf is a more palatable position and distance). In saying that, we finished our tour of Edinburgh so late that we had to run from Edinburgh Waverly station through hordes of people and road works, back to the HIX, get our bags and run again back to Edinburgh Waverly to get the bus to the airport. Tiring is an insufficient description for that exercise (no pun intended)...