I went on a recent Thursday night, just as a low key night to begin our Vegas trip. And I will say it was fun. I've been to the old spot, so I knew what to expect. This is kinda like a college campus neighborhood bar, meets Vegas. But all the good things about a college bar.
The music was loud and fun. They played a lot of hits that span lots of years, not the current EDM craze type of music. The crowd age was from young (legal) to old (medicare). But the bottom line was that everyone was having fun. The drinks were a little cheaper, but its still Vegas, so tehy are still making a nice profit. And the beer pong tables are popular attraction here.
To me, this is a pretty good choice when you want to have fun and only want to "turn up" half way, without going broke.