Pension Na Kovárně is a great place to stay, especially if you're arriving in Cesky Krumlov at the bus station. It's a short walk from the station to the hotel and then another short walk from the hotel into the town center.
As for the hotel itself, check-in was easy and my room was nice, spacious and clean. The bed was good, not great, but no problems sleeping after a fun day of sight seeing this charming town. I was in a rush in the morning, but still took advantage of the free breakfast -- it was similar to most other traditional breakfasts you'll find at European hotels. Overall a great value -- would definitely stay here again.