The good: Great Thai food, the Khao Soi is a must try.
The bad: No reservations and it can be a long wait if you get there between 7-7:30. Come early or come late.
Definitely one of the best Thai restaurants in Toronto, Khao San Road is packed most nights and you'll find yourself waiting 15+ minutes for a table if you get there past 7. They don't take reservations so come early or come late, just try not to come at the peak hours.
A heavy dish, the Khao Soi is a egg noodle dish with a creamy, coconut curry base that comes with Chicken ($13) or beef ($14) and topped with crispy noodles - and d@mn it's good. You can get it with no spice, mild, spicy and Thai spicy. I had the spicy version, which really isn't that spicy and it was great - the curry was well balanced and flavourful (and probably calorie packed) while the noodles were well cooked and the crispy noodles give it a nice contrast of texture.
Others told me the fritter appetizer (fried something or other) is really good too, but that will have to wait until next time.
Beers are $6.