Most of the D-Bags at the Mandalay Bay will end up at this bar at some point during the night. As a matter of fact I wouldn't be surprised it they lurked here the entire time attempting to court ladies in the bar on the pseudo dance floor. It's not a great bar and certainly not a great place for a conversation.
Drinks here are about as pricey as any casino bar in Vegas. Don't expect a bargain here since Mandalay likes to keep itself in the no-bum-prices range, with most standard cocktails at $10 or more a pop. The bartenders here tend to make them fairly strong, even if the drink itself can be downed in a few gulps.
I suppose this place is a good starting off point for some folks. I would rather pre-game in a hotel room, but sometimes it serves as a solid meeting point without much complication or hassle, which for Vegas nightlife is a good thing.