I personally never saw the appeal of Saks. Even in it's so called hey day I always thought it was overpriced, overrated and over appreciated.
It is an OK place for a Sunday arvo drink by the marina. I have not tried the food. Because it was not my favourite place I have never committed to a meal (which I see as a good thing as this week's paper revealed they have been busted for cockroaches in the kitchen).
Hit it up for a casual drink if that is all you are after, but then again there are plenty of other choices along the marina for beautiful food and wine.