I've been to CR three times in the past 18 months. The most recent visit was less than a week ago.
The portions have shrunk a LOT since the last time we were there, but the steak is still fairly large. You get a very small serving of potatoes now (but they are delicious) and the incredible asparagus is now a small serving of broccoli. The steak is incredibly good, but order it more done than you normally would. I like a rare steak (dark pink to light red in the middle). The first two times I ordered it, it was too rare for me, but so tasty that I ate it anyway. This past time I ordered it medium rare and it was perfectly rare. I warned somebody else in my party not to order it rare. He did anyway, and had to send it back to be cooked more. At Coral Reef, rare means "cold in the middle."
As usual, we loved the food here, but the serving size and menu changes are disappointing. The most disappointing was the dessert...the Chocolate Wave doesn't even have a wave anymore!!! They eliminated the chocolate wave from the top of it, the fancy cookie on the side, and cut back on the sauce.