Ok, I have never stayed in Overstay (in BKK), which is said to be the cheapest hostel in BKK at AUD4.05/night/person and am not related to the management as well. But I do feel that this place looks quite fun/hilarious to stay just for the fun of it and it has a real character of its own (judging from the photos), despite most of the reviews in Hostel Bookers and HostelWorld complaining that it is literally crawling with bed bugs and crying out loud with poor hygience.
Have a read through all the reviews, look at the photos and the facilities, and for the fun of it, decide whether you will seriously stay there LOL
http://www.hostelbookers.com/property/index.cfm?fuseaction=propertyDynamic.overview&intpropertyid=54192&strArrivalDate=2011-07-01&intNights=2
http://www.hostelworld.com/hosteldetails.php/The-Overstay/Bangkok/34541