Personally I wouldn't go back to Montezuma to stay at the town. There is not a lot going on. I'm ok with hippy town but it was too grungy, grubby and smelling of dope for my liking.
I would however happily go there again to stay at Casa Frangipani (up the hill, with a wonderful view), and to stay there for as long as possible. It is a wonderful place to stay. I would highly recommend Casa Frangipani and Bananas to eat at. Otherwise Montezuma is not for me.