Great Location, Fairly Good Bookings, and good theater atmosphere make this a great place to see a show. It's location in the heart of the Flats makes this a great place for a concert. There are plenty of parking lots (though you have to pay for all of them), and the Odeon provides a great alternative to the drunken debauchery of the other Flats clubs. Yes, there is a bar, but you don't go there to drink, you go there for the music, and they manage to book some pretty good shows.
Pros: Great Location, Intimate Feel, Good Shows