I love Crescent - it's one of my resident third places. They get great headliners and put on a wonderful two-day music festival for Dias de la Crescent in the summer (I sincerely hope this becomes a standing music festival in the Valley.) I went to the Halloween Ball and New Year's Eve party where there was free cover and some terrific DJs. The staff is terrific - the bouncers do a great job with crowd control and you can always get a bartenders attention. Bathrooms are always clean and the lines usually move pretty quickly. Drinks are reasonably priced ($4 g&ts) and they make some wonderful house creations such as the "Honeybadger." Also, it attracts a great blend of people. You can wear just about anything and fit in.
I have so many fond memories of this place and will continue to frequent it. Crescent Ballroom is one of the coolest venues in Phoenix!