I had a good time, but that probably had something to do with the fact that we got in for free, since we were guests at the attached Palazzo. Also, we only had to wait in a very short hotel guest line for about three minutes. It's hard to begrudge an establishment after that.
Yep, the drinks are expensive and weak. Yep, the joint is packed. Yep, the scantily-clad girls in bathtubs aren't particularly titillating or even shocking anymore. Yep, the dance floors are full of hot women/girls and nervous/dorky guys.
Nope, I wouldn't pay the cover. And, nope, I wouldn't go if it wasn't free and attached to my hotel.
So, there you have it. Tao in a nutshell.