Monterey Bay is a wonderful place! The food is delicious and above all consistent. I've been three times and have not been disappointed. It's definitely not a place I would be going once a week because it is a bit pricey, but for special occasions, absolutely! The view is to die for! Go at sunset. Magical! The decor is dated but I think they may be changing this soon if they have not already.
I definitely recommend this restaurant if you've never been. The food, the service and the amazing view create an unforgettable dining experience.