Just visited Prague restaurant after almost 10years. Lot of changes and fortunately all of them are positive. I would start with a new owner and very good services... that should be the main reason for everybody who heard about the place in past to come and give it a seceond chance.
I hope it will remain as it is now - friendly staff, very good Czech kitchen and reasobable prices.
For anyone new, who never heard of the Prague restaurant, definitely try it. Very good european dishes and great beer picks on tap.