The Chinese Room is very nice. The layout isn't anything special, it's got a capacity limit of 99, it has a few other inconveniences (parking, a single elevator, etc), but the space itself is nice, it's got a bar, and it's got One Hell of a View. The price is decent too.
The space at the Edgewater is nothing special in and of itself, but also has One Hell of a View. On the other hand, they only have one friday and one saturday left in all of 2007, if I understood correctly. Both, coincidentally, are in April. But still, inconvenient. And, finally, the food and drink minimum is $10,000 for a Friday and $13,000 for a Saturday. Um, yeah. NO.