We've done it several times and enjoyed it each time we did it.
Is it worth it? Tough to answer really. You are guaranteed a seat for the game you want to see. Though you have to leave those seats when your game is done.
Will each person in your party eat/drink at least $60 while you are there? If not .. Obviously it's still $60 per person so you have to make that decision if it is worth it to pony up that money. Again, "worth it" is up to you.
If it is just yourself or say two people. I'd say skip the VIP seats and just queue up early and sit at the bar, which is obviously first come first serve seating.