The only good thing about Pizza King is that they are open when the bars have closed, and so it has become a great place to drunkenly stumble into at 2:30 in the morning. Agreeing with Kimberly, this place gets some extra starrage just for being the location of many memories that are near and dear to my heart. Some of which would include me getting yelled at by a waitress for taking off my (painful) high heels and wandering away to another table obliviously drunk and barefoot, as well as seeing countless friends get in trouble if not permanently banned for trying to steal the items that decorate the walls. But mostly fond memories of drunken friends having a drunken good time that can only be had when you're in college. (After which, such experiences are considered alcoholism).
But the food... well, its pretty terrible. I always tried to avoid getting pizza, their other italian dishes were... edible. Not sure I can say the same for the pizza.