I will definitely be going back to this theater. For $3, you get what you pay for and more. The quality is really good now that they replaced the equipment! The theater was very clean, despite what some of the other reviewers claimed.
If you are willing to wait for a movie to come to this theater after it runs its course in the main theaters, this is a great option. It's also great if you miss a movie while it's in the main theaters but don't want to wait for it to come out on video!
Edit: they accept credit cards now, but you might as well pay cash since it's only $3.