I made my first visit this week with my family, and we had the tasting menu ($99) with wine pairings ($49). We also had the tasting menu at Splendido about four months ago, so I have something to compare it with.
I think dish-for-dish the tasting menu at Splendido under Chef Lee was better tasting food, but Colborne Lane serves more imaginative and more numerous dishes that both entertain and taste very good. The wine pairings at both restaurants were great, and good value. Service at both places was excellent. I am extremely glad to have had the opportunity to try both these tasting menus -- they were both excellent. A description of our meal is posted below.
I think the tasting menu at Colborne Lane is one of the best entertainment experiences in Toronto, and should not be missed. It is far better value and far more likely to be enjoyable than a ticket to the Leafs or Raptors or any of the ancient musicals that pass for top live theatre in Toronto. Plus, it includes dinner!