Quite a cool spot and pretty underrated, at least in my social circle. These drinks are slightly more expensive than some may be used to (I got a simple whiskey and coke, which set me back around $7) but as others said, they are definitely strong. The ambiance is very relaxed, with a lounge feel if you sit in the booths. It is smoky, but I went on a Friday night around 9pm and it wasn't so bad. It certainly didn't leave me reeking of smoke like other spots in the city. Also, compared to the crowds in other places that night, the atmosphere was downright sedate, so if you're looking to relax, this would be a better option.
The only thing is that they only deal in cash. There's an ATM there, but you're better off bringing money so you don't have to deal with the surcharge.