I think this place still deserves it's status as a must see SF landmark. It's really popular with the lunch crowd. There's a picture on the wall showing that Red's was there while the Bay Bridge was originally being built. I used to come here with my kids for lunch while they were in kindergarten, and now they are in their twenties. I went there when Red was still working, albeit getting on in age. So , yeah, it's not the same without him. And Back then I fed the family for about 5 bucks. So, yeah, it's more expensive now... so is SF real estate. But it's still a value. Get the burgers, the sandwiches, combination meals with fries and a drink. Remember you can substitute soft drinks for the beer if you're not into alcohol. You can get chips instead of fries, and the fish and chips can be had for a change. And in the old days I just sat on the edge of the pier and threw my excess bread to the pigeons and gulls, but now you can sit on the patio and watch all the chinese ships arrive in SF Bay full and leave empty.
Pros: Enjoy the history and the view and it's fast
Cons: OK, the food is not gormet, you get what you pay for