I've gone here both for casual dinner, and late- night drinks with friends. Given the portion size, the pricing is fantastic. The service is good. Admittedly, a lot of the food is not-so-great but having sampled some 6 or so of the dishes on the menu, I can assure you that the chicken pad thai is probably the best thing on the menu, and is pretty damn good at that! :D
As far as late night drinks go, it's a bit loud, the music is pleasantly eclectic, and there's a chill vibe going so it's not too bad, but if you want to get out to a bar with some friends around U of T campus, there are definitely better options.