Great for a bite when you're nearby and not looking to spend more than maybe $10 on dinner! I have tried almost everything on the menu between this location and the one on Queen Street, and I can say all the food is pretty great and of good portions for the price! Some meals are better than others, but that's to be expected of course.
The drinks can get a little pricey, but the shots are usually a good bet, for around $5 each for the cheaper shots and they go up to about $7, I believe. The mixed drinks are usually very nicely made and fruity but will run up your bill quite a bit. The line can get unbearable too, especially in the summer or on weekends but I haven't ever chosen to wait in those lines, so I can't tell you how that experience would go.
The music can get horribly loud here, usually you end up yelling across the table at your friends, so don't take a date here. The place is not the cleanest either, the bathrooms always need work and the tables are perpetually sticky. If you're not dressed up like you're going clubbing, you seem not to get as great service. It's also normally pretty full, so food might take some time getting to your table. I ordered the donuts with some friends once and we waited about 30 minutes before it arrived at our table.
tl;dr: Definitely drop by if you're in the area and don't mind spending 1-2 hours on a meal, and aren't picky about a little mess.