This place has potential. I would start by instituting a mandatory shower policy for patrons followed by an investment in structural reinforcement of the floor. Felt to me like it consisted of 3/4" plywood. I thought we were going to fall through at one point.
The acoustics need some work, but if you're looking for some interesting bands playing in a (very) intimate atmosphere and don't mind a little hipster sweat flying around, I think you'll like this place. I'm anxious to see what they do for First Friday tomorrow...