Well you could do worse than the Queen Hotel, but not a whole lot. I stayed here for one night before hopping on the morning train and chose a twin double air-con room for 500 baht (standard room 400 baht). I checked out the room before deciding to stay and my first impression was that it's just alright for one night. The close proximity to the train station (only one block away) makes it work and there's a 7/11 just about across the street.
There's a tv with many Thai channels (couldn't find any English, but who cares), a working air-con unit, a dangerous fan (about to fall off and noisy), no wifi and well, you can't close the windows fully either so there's a lot of noise from traffic (our room faced the street) and the room isn't particularly clean.
But all this is bearable for a short stay. The worst part was the bathroom that needs a bit more engineering. The drain pipe from the sink ends abruptly mid-air and the faucet leaks a little, so there's a constant stream of water on the floor. The shower was surprisingly cold (the coldest of the cold showers at this time of the year in Thailand for me) and there was a heating unit, but it didn't work. There are also quite a lot of ants in the bathroom. The toilet was western, but you had to flush it like an Asian toilet (pour water in it) and there was no separate ceiling on the bathroom even though its walls are much shorter than those of your room. The effect is everything from the bathroom can be heard, smelled and felt (the moisture from the shower) clearly in the room - it's like a bahtroom stall within your room.
The decor on the halls was pretty much non-existant. The looks of the Queen Hotel was rather gloomy, but I don't mind that much at all. The staff wasn't particularly friendly, but not rude either.
The Queen Hotel is an option when boarding an early train, but other than that I'd leave it alone.