It's really gotten kind of nice I think. A few good consumer businesses for locals/passers by, a tidy downtown area, a solid thrift shop, I think the train station is better than most (not that that's saying much but still), I think Bellows Falls might qualify as cute these days.

I can't quite remember the slogan but I saw a T shirt that said something like "Bellows Falls: Not as Bad as You Heard"