I remember when Mr. Laconi ran Laconi's. It was an absolute gem. You couldn't get bad food there. That's gone. This place uses the Laconi's name, but Mr. Laconi and his exceptional food are gone.
The prices are fair, yes, but food is mediocre to poor, and the service is just OK or slightly less than OK. If the only kind of food you do is Italian food, at a minimum it should come out hot and you should be able to get the pasta done al dente.
The only real notable high point is the bar. Bob the bartender knows his stuff and is friendly and helpful. Still it's mostly a beer and shot kind of bar (maybe a glass of wine, but their selection is not the best) so there's a limit to how much this can contribute