We lunched at KING LOBSTER, 358 Spadina Ave. (In the old 'Happy Seven' location.) It has been open four days and we had a good overall experience given the genre.
The wonton soup - always a good test - came with a decent broth and the shrimp wontons were fresh and tasty. The stir fry mixed vegetables were crunchy and there were at least half a dozen varieties, including some interesting seaweed. Of course we had lobster, which was excellent, sweet, not over cooked (steamed) and in a mild ginger and green onion sauce.
They were able to accomodate a no MSG request, but it limited our choice. Service was typical Spadina China town - fairly abrupt and very efficient.
Total cost including tip, excluding drinks was $30, which given that we had sufficient lobster for two was good value.
For the present they are clearly trying very hard, (they specifically distanced themselves from the previous 'Happy Seven' emphasising cleanliness, new ownership and chef etc.) and are well worth a try.