I live at MHV and like others have said the food options are good and its not as inconvenient once you know your way around. Minibus 70 to Prince Edward or Kowloon City or Diamond HIll, Minibus 12B to Mong Kok or MK East. Minibus 3 to TST and then you have walking distance to 5 different MTR stations (Olympic, Nam Cheong, Sham Shui Po, Mong Kok and Prince Edward) all within 10-15 mins. bdw is correct on the Airport Buses, its less then 45 mins and easy.
By the way, where are you from?