Flying Pig Downtown all the way. Its close to Centraal station and that is where all the trams begin and end. Bob's is on Damrak and I heard it was ok. The pig is a great party hostel with tons of people ready to head out on the town at a drop of a hat. There is also plenty of wacky tabacky in that hostel so you won't have to buy any if thats your thing. Plenty of other people just light up and pass on.
Definately check out:
Van Gogh museum. Simply Amazing.
Anne Frank Haus - Line was too long but looked neat from the outside
Dam Square - close to the pig and nice architecture
Red Light - obvious. Its more than just hookers. Lots of neat bars, live sex shows, interesting people (NO CAMERAS!)
Heineken Experience - It was worth 10 euro to me because I love Heineken. You get three 25cl beers and a free glass at the end. It takes about an hour. Good way to start of a long night (or morning!).
Most of the ATM's that I found were on Damrak. It is one street over from the street that the Pig is on. I will not attempt to mutilate the spelling of that weird word. It starts with an N.