"Just a few kilometers east of Höfn you will go up over an obvious pass and at the summit of the pass on the right side of the road is a small parking area with a viewpoint and marker. Park here."
This pass has been eliminated with a tunnel. When we went through in Sept. 2013, the gravel road leading to the pass on the west side was closed to vehicle traffic. I was not able to observe the road to the pass on the east side, so I don't know if it is also closed. So, you should be prepared for some additional hiking and vertical on the approach.
"Got tight last night on absinthe and did knife tricks. Great success shooting the knife into the piano. The woodworms are so bad and eat hell out of all furniture that you can always claim the woodworms did it."