My wife and I visited on a Sunday night in April 2006, and we definitely enjoyed ourselves here. I would agree with the other reviewer, however, that the ownership change has definitely altered the quality of the place relative to what Citysearch thought it had been.
My duck was pretty good, but it paled in comparison to the one I had the previous night at Mews, the other way on Commercial. I tried to order a different dish, but Martin House had run out, unfortunately. My wife's rabbit stir fry was fun, but tasted very basic. We had a great time with the wine, however. Champagne (PJ) and a half bottle of pinot later, and we were content.
The surroundings are fun. Fireplaces are gas rather than wood, but they still provide ambience.
Altogether, this is a good restaurant. Not the best in P'town, but not a huge disappointment.
Cons: Unrefined menu, New ownership, Learning