I have been to this location many times, as Anderson's 5th Estate, Forbidden, and now, Stand-up, Scottsdale! The building is naturally tailored to stand up, and the Wednesday show that I went to was everything it should be.
The show started with the first of three hosts, which confused everyone except for the person who thought having this many hosts was a good idea. Other than that, the show was well put together, ranging from new comics trying things out, to veterans who left the crowd in tears.
I would highly recommend this place, for Wednesday nights. Free, great drink and food specials (cheese fries are amazing), and some awesome comedy.