I was here on July 3rd with some co workers to see Carlos Mencia on his opening night. We all got the VIP tickets which I highly recommend to anyone if they can do it.
The price for the VIP tickets were a decent price. VIP was $55 while regular was like $30. We got perfect seats right by the stage. The room was huge and they had pictures of different comedians there. With the VIP, we were allowed to meet Carlos before the show and take pictures and what not. There was a two drink minimum which isn't too bad and they have a nice variety. Prices for drinks were not too bad.
After the show, there's a nice bar next door and then there's the Lucky Strike bowling and Gypsy lounge right next door if you want the fun to continue. I would come back to Stand Up Live again if another favorite comedian decides to come there.