I honestly haven't eaten there in years, because my husband doesn't eat red meat. So, I'm no longer up to date about how good the steak houses are now.

I looked up both the Old Homestead and the Kobe Club in Zagat and OH gets a 24 rating for food, and Kobe gets a 23, so both get high marks for the food. 30 is highest.
Kobe gets a higher mark for decor - though personally, though I like chic and fancy shmancy, when it comes to legendary places, I prefer that they look as they did 100 years ago. But that's just me.
OH prices are much lower than Kobe.