I went to the gutshot last friday for the first time. They had a £20 freezeout (self dealt until final table) and the blinds increased every 20 minutes, which I thought was a bit much. I was pretty card dead throughout (busted out with A7s when I pushed all in preflop and ran into both AA and KK). The standard of play wasn't brilliant and out of the 63 runners I came 18th, which I guess wasn't too bad for my first live tournie.
They have cash games running, unfortunately I didn't get round to playing (I was there is other members of the Poker Night Live forum). At 1pm there was a 15 person waiting list.
The club is pretty small, but friendly for the most part. If you're not a member, just turn up with your passport or driving license and ask for a membership form at the bar.
Oh and if you get hungry, the food is great and you get plenty for your money.
They also have computers so you can play whilst you wait for your live table.
Website is
www.gutshot.com (and they have a 500% first time deposit bonus up to $500 (so thats $2500) on their internet poker room)