Came here with family and friends on my visit to Panama. The food is definately good. The crab and lobster wontons were great, and the tamarind dipping sauce was delicious. They have a wide variety of seafood dishes, and the menus with pictures definately help. The food is a little pricier, most dishes are aroud $14 and greater. Desserts are actually decently priced at around $5.50.
Only negative we had was when we asked for water we were given the excuse that the tap water "was not very good at the moment" and we were recommended bottled water. We of course joked that we are Panamanians, and we know what the water tastes like and dont mind. The waiter then filled our glasses with ice water from a pitcher. The water of course tasted just fine.
We had 6 in our party, and ordered an inexpensive bottle of red wine, 2 appetizers, 6 entres, and 2 desserts and wound up with a bill of roughly $135. By far not cheap, but by no means the most expensive meals one can have in Panama.