I dig the concept of this place. It's basically a big, open space on King West with big tables, big beer steins, and big hotdogs that can be as fancy as you want it to be. The food, I'll say, is only decent though.
Wvrst is usually jam-packed with people on weekends and tends to be on the very loud side of the noise spectrum. It has a European ambience, which is something that you don't see every day in Toronto.
I'd give it a try with your good friends and see where the night takes you afterwards!