Wifi connection is excellent! There are two blocks, the lounge in the extension block is small, but it's still equipped with a kitchen with two stoves and a fridge.
Bus no. 206 hits Kyoto Station, near K's House (at the corner of Shichijo-dori and Kawaramachi-dori) and the corner near the Gion district (by Yasaka Shrine)!
To be honest, compared to Asakusa's K's House, the staffs here are a bit snobbish and less helpful. Also I think it loses some of the "backpacker" feel since it got bigger, but still good nevertheless
Really more like an informal hotel/nice student dorm complex than a hostel. Same price as a decent hostel though, friendly and helpful staff. Very recommended. Not at all traditional though.