As with all restaurants, if you like that type of food, and the restaurant does it well, you will like it. LC gets RAVE reviews on the DIS, and, for steak lovers, I'm sure it is a great choice.
We are not steak lovers, so we don't even think of going to LC. If we decided to go, we'd probably be less than thrilled with it- to our family, steak just isn't an exciting or interesting thing on a restaurant menu. So, we leave it to the folks who will apprecaite it, and we head to Marrakesh, San Angel, or Teppan Edo. We get the type of restaurant experience and cuisine we like, and we leave an ADR open for another family who will enjoy their LC experience.
So, to make a long story short, IMO, LC is NOT all that- but to others, it most certainly IS!!
Also, I must add- every time I think of the phrase "all that"- I think of Dr. Drakken saying, "You think you're all that, Kim Possible, but you're NOT!!"