This place is still really new, so they're still getting the kinks worked out, but it looks great and the film selection is awesome!
I went there the Sunday of their opening weekend to see Metropolis. It might be a little confusing the first time you go, but you pay for your movie tickets at the bar. They don't have paper tickets yet, they just gave me and my date little stickers.
The theater has 4 or 5 rows of comfy seats and a few tables in the back for people with drinks. Metropolis was in Blu-Ray and looked amazing. The showing went off without a hitch. They even gave us a free bowl of tasty snack mix to eat during the movie. I'm not a drinker so I can't comment on the bar offerings, but I think it's great to have a theatre showing rad independent and classic movies downtown. I really hope this place takes off, I can see myself visiting it often.