$80 is a good price for the location. Yosemite charges that much for tent, so the $80 is very reasonable. We stayed at the hotel room, it costed twice as much. It is an experience, they did not upgrade them on purpose. Old Faithfull Inn is actually a landmark, its wooden structructure is quite remarkable. Be sure to have dinner at their resturant and order steak. It was the best steak I had for a while, several people in our group said that as well.
Old faithfull is famous, but there are several geysers that are better just down the hill.
Old faithfull is famous, but there are several geysers that are better just down the hill.