@anuj..it needn't always have to be about slick ambiance or awesome food (or even firangis).the first time i went to pecos in bangalore, i was like ytf is this run down place serving watered down beer so revered..sometimes you tend to cut some slack for a place which rendered some fun moments in your life.
..maybe it served as your post-bunking hangout, or might be a place where you often caught up with old friends and shared a good laugh..dunno if u been to gokuls in mumbai..its one disaster of a boozeshack...but i know of at least 50 guys who religiously visits the place every weekend...but as always, everyone is entitled to his/her opinion..whatever floats your boat.. cheers