Cheddars is a good all-around restaurant for the price. They have the atmosphere of a more expensive restaurant, but the prices are $3-$4 less per entrée. My favorite is the Spinach Artichoke dip... not the best I've ever had, but who's going to complain for $3.75 (that's NOT a happy hour special... it's all day).
Entrées are good sized, but not enormous. Plan on a to-go box, but they're probably not big enough to split. But almost nothing on their menu is over $12, with the average entrée being about $8-$9. A great, cheap place for a date, or a night out with friends.
Be warned... they make their money on drinks. Don't order anything without knowing how much it costs first... I ordered 2 margarita's (thinking I was saving so much money on the food), only to find that they were $8 each.
But if you don't drink, or just have one drink it's a great value for the money.