I LOVED this last night, and I have no real complaints outside of a couple small preview issues that I'm sure will get fixed over the run. The presentation absolutely worked for me, and the crowd was insanely energetic (they also encourage responding in the moment rather than adhering to traditional theater etiquette)--could be because it's early in previews, but I really think this will take off, and I heard multiple people in the lobby talking about coming back again. I won't spoil too much of the details, but I thought the whole thing was thrilling and it was so exciting to see what they had to offer at every turn.
It may not be the show for you if you want to hear every single word of the score being sung (since sometimes the crowd drowns out the lyrics), but they use the songs to great effect, and the crowd response never seemed inappropriate (ie people were quiet during the more sentimental ballads and were more rowdy during the "party" numbers). I'm not really sure what the different versions of Mungojerrie and Rumpleteazer are, but it sounded pretty similar to what I recall from the OLC. All the songs sounded pretty intact with maybe some more extended dance breaks (where they added club beats), at least compared to the cast album (I'm not sure how it compares to the dance breaks as done in the actual show).
I only have a passing familiarity with ballroom culture (I have yet to watch Paris is Burning), but I still felt like I could understand the competitions and most of the categories (I didn't realize until later that a lot of the categories used are pretty standard), though it did take me a song to realize what was happening, so I missed some of the details in Gumbie Cat. But it was really cool to see legit voguers mixed in with classic musical theater actors, and everyone seemed to be having a blast, so I think you could still go to this with little to no experience with ballroom and enjoy it.
I think the show flowed really well and there were lots of little details that really added to the experience. It really "made sense" and it was interesting to see some of the backstories that were able to be expressed in the show for the characters. I didn't have an issue with the Macavity/Deuteronomy stuff so I'm not sure if they made some changes or if I was maybe at a better angle to see what was happening (details in the spoiler block). The Grizabella arc was also pretty well done (even if some of the details were vague), and Memory and the subsequent Journey to the Heaviside Layer really packed a punch.
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It seems like Macavity was caught for stealing a bunch of the clothes he had, triggering a police raid on the ball. Deuteronomy as the leader decided to protect him and the others by taking the fall for it, pretending that he was the one who had stolen everything, which resulted in him getting arrested instead, which is why Macavity feels so guilty.
For seating, we were sitting in row B of the cabaret tables which is elevated a bit (you can easily see the floor of the stage). Row A is on the ground below the raised stage, and row C is on the same level as row B but with high tops and on the other side of a walkway. Personally, I thought that if you're going to do cabaret tables, row B would be the best (there's also some minor interaction with the actors at just about all the tables too I believe, though no real participation required if you're averse to that). Even the back of the orchestra looked a lot closer than I would've expected from the seating chart, so I really don't think there's a bad seat (from house left there was one short moment we couldn't fully see, but it wasn't hard to figure out what was happening, so it didn't feel like a hindrance). I think being somewhere near the middle of the runway would be the best seating, as they do project some things on the back wall upstage (not completely necessary to see fully but definitely adds to the experience) and Andre de Shields sits in front of the orchestra section, usually with his back to the audience there, so sitting along the runway allows you to see his facial expressions throughout the show.
The costumes were spectacular (there's a few curtain call videos floating around social media if you want to see them), and we remarked on how nice it was that you could actually differentiate the different cats at a glance (I had no idea Jellylorum sang on so many of the numbers). Mistoffelees is not in a tuxedo, and I don't think any of the costumes really harken back to their traditional getup at all. Also many characters walk in multiple competitions so they'll have different costumes accordingly.
The show runs around 2 hours 30 minutes. I took a picture after the curtain call at 10:38 and it definitely started at least a few minutes late. There's a security/bag check but about the same as Broadway (so yes you can bring in a water bottle). There's a slight bottleneck in getting to your seat since all the seats are upstairs so there's a line for the elevator if you don't want to take stairs. We also had to track down an usher since there wasn't one posted at the door where we entered, but I think they'll probably figure that out more as the show runs (since this is a different configuration). The women's bathroom was huge, with no line before or after the show (can't say for intermission but if there was I'm sure it would move quickly). They have two different fans for merch, a shirt, a hat, and an umbrella (with cat ears!). The fans were $18 a piece, the umbrella $30, and I think the shirt and hat were either $20 or $25 each.
Anyways, I already bought my ticket to the closing show (unless they extend again), and I've been telling all my friends to go see it, so I really could not recommend it more.