Our Las Vegas family has been singing the praises of The Smith Center since its doors opened. Finally a place to be entertained in Vegas that doesn't involve a casino and cirque shows. The style is very art deco New York, and reminds me of a much swankier (and much larger) Gershwin Theater. Clearly they didn't skimp on design and it shows. We've seen a few broadway musicals, and although the musicals are by no means the best performances I've seen, the Smith Center certainly makes for a lovely night out.
The cabaret next door is fairly forgetable. They try to make it an intimate musical experience, but the cabaret vibe is sorely lacking. The space is just too new and sterile. Maybe in a few years it'll become a bit worn down.
A little tip: Avoid the valet. They charge you and it takes eons to get your car. The FREE parking lot is right next to valet and they even have little golf carts to shuttle you around if you're truly feeling lazy.
Overall a fantastic addition to Vegas nightlife.