Finally went to The Room for the first time last night (a Saturday) and it was great! Definitely very crowded - get there at 9 if you want a table - space is EXTREMELY limited. Great selection of foreign beers, cool vibe, great music (though it was a little loud for my taste). Everyone there was having a great time. If you like this place, I recommend the Extreme Cafe on 4th - it's got a very similar drink selection, more space and is less crowded.
Pros: good location for after dinner drinks; awesome beer selection
Cons: hard to get a table