I love the Colonial Theater. I have been visiting this theater since I was a child. From the moment I walk in the front door, I continue to be humbled by the overwhelmingly gorgeous decor. I have spent most of my time in the less expensive "nose bleed" seats up at the top of the theater. The architechts of this building, no doubt had the cheapskates in mind, though! The cheap seats are constructed in such a way that you are sitting nearly on top of the person in front of you. When the show begins, you feel very close to the stage, as there are no obstructions what-so-ever. The only time you notice the height is when you stand up to walk into the seats or out of them - they make you feel like you are walking a tight rope and that you might topple into the seat in front of you!
If you can catch a nationally touring show at this theater, I would recommend it. It is made for grand shows!