I'll give you a bias opinion since it was opened by friends of mine...and I'll play there on a regular basis!
It is a nice, intimate club with great staff. The crowd changes from one night to another...and I admit that it can be a little 'Old-Montreal-not-really-there-for-the-music' type (especially on Thursdays when there are 5 à 7). However, it is usually pretty good.
And as you mentioned, there are great djs playing there.
Come check it out; I'll play there on Saturday, January 29th.