Saw this last night and definitely felt like I got my money's worth. I don't know it's 100% ready for a transfer, but it could get there pretty easily, and truthfully I've seen several shows on Broadway that were worse off than this. When it does transfer, I would be surprised if it's not a hit. The audience last night loved it.
The choreography leans into the circus aspect a lot and is thoroughly entertaining and even a little dangerous. My companion kept gasping at some of the acrobatics they did and some of the beautiful theater craft at play. The pacing could be tightened a smidge. It took a little too long to get all the pieces in place in act one, but that is very fixable. I also felt like the themes disappeared too much at times, but a few tweaks could help that a lot. The score is fine. Not much particularly memorable the morning after, but enjoyable as I was in the theater.
Most of the performances worked too. Nothing particularly memorable, but that's the current state of the material. It's designed to soar for one character and one character only: its lead. And If the performance I saw last night is indicative, the current leading man is the show's biggest drawback. Vasquez was sleepwalking through the show and genuinely seemed like he didn't want to be there. Almost every time he stepped on stage, you could feel him say to himself, "Crap. I gotta do this again." He had no chemistry opposite McCalla (one of the tweaks I'd make to the show would be to give him more help there), but in truth, the show works in spite of him. I kept thinking how much better it would be if they had an actor with actual charisma in the lead. So hopefully that will be fixed before it transfers.