I tried to have a birthday party there. The bouncers wouldn't let half my friends in and they were totally giving attitude about it. Unless you're a girl, or a guy who comes with lots of girls, don't expect to get in.
Even when the roof is windy and there's no freaking poeple up there, the bouncers still won't let up! What a hassle. Pros: the drinks were good. I'd only recommend it if you go with no more than 4-6 people, half of which are women.
Pros: good drinks, interesting water bed, atmosphere
Cons: snotty bouncers, can't get in after 9, expensive
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