Thank you all for the tips and hints. I got the Kings Court Center hotel for $65 + taxes ($83 all in) from Priceline.

I can't wait to explore Munich even if only for 24 hours. That being said, any brauhauses that one specifically reccomends? I'm going to be travelling alone, so something social, yet not filled with foreigners might be nice... I'll be walking around quite a bit and most definitely asking lovely Bavarian women for directions

I will be look up all of the threads "Munich in one day" as well as checking wikitravel and LP forums, but FT is usually the best and most personable site there is for advice...